Diesel price jumps on low stockpiles and French strikes – Bloomberg ...News

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Diesel price jumps on low stockpiles and French strikes – Bloomberg
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Winter fuel disruptions are expected across the EU after an embargo on Russian oil comes into force Diesel prices in the EU and the US are showing their sharpest increase in months, adding to inflationary pressures and heightening the risk of a global recession, Bloomberg reported on Wednesday. Earlier this week, Europe’s benchmark diesel price approached $180 a barrel. In the US, prices in California exceeded $190, while in New York Harbor they were close to $170. The spike in diesel prices is driving inflation ahead of winter and raising the prospect of supply disruptions, particularly in the EU, which will star

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