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The Economic Times

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Diesel prices surpass jet fuel in Europe as global supply tightens

European diesel costs more than jet fuel for the first time in over a year. Jet fuel imports to Europe have risen significantly while diesel imports have dropped. Global diesel supply tightened further after Russia banned its exports. This price shift reflects ongoing supply challenges and demand dynamics. Analysts note persistent scarcity pricing risks for diesel heading into winter.

13 Aug 2026 6:35 pm