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The Latest Breaking News from Amrita Sen

The World Is Running Short on Diesel. Major Conflicts Are Making It Worse.

A new analysis found that refineries worldwide processed 7.5 million fewer barrels of crude per day last month than during the same period last year.

International Business Times

A Prolonged Hormuz Closure Could Send Crude to $140 As U.S.-Iran Deal Remains Elusive

Oil prices remain far below the surge above $100 a barrel last month and the peak of more than $110 reached in May, but analysts say the relative calm may become increasingly difficult to sustain.

International Business Times

Lingering Supply Risks Could Push Crude Higher Again Despite U.S.-Iran Ceasefire, Analysts Warn

Energy analysts are warning that the market may be underestimating the lingering risks of the Iran war to global oil supplies.

International Business Times

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Energy markets are having a Wile E. Coyote moment as oil supplies go off a cliff, expert says

“Unless Strait of Hormuz transit resumes, the stress in refined products and the shortages we’re seeing across Asia will spread, and quickly.”

Fortune

The week that could unravel the global oil market

As western countries prepare to impose a price cap on Russian crude, many of the industry’s norms are being undermined

Financial Times

UK petrol prices could hit £2.50 a litre and diesel £3, experts tell MPs

Diesel rationing a possibility after Russia’s invasion of Ukraine, Treasury select committee told

The Guardian - UK

Petrol prices in UK could rise to £2.40 a litre this year due to Russia's invasion of Ukraine

Dr Amrita Sen, Director of Research at Energy Aspects, told MPs on the Treasury Committee at Westminster that oil prices will fluctuate throughout the year.

Daily Record

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Russia threatens to pay external debt in roubles; Ukraine’s GDP ‘could shrink 35%’; UK petrol to surge – as it happened

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