Why is there a worldwide shortage of diesel and how it can affect you

Person filling up with diesel oil

Credit, Getty Images

photo caption,

Diesel oil shortage threatens to slow down different sectors of the economy, from industry and freight transport to agriculture

The rise in the price of gasoline, as a result of the Russian invasion of Ukraine, has raised concern around the world and is deepening the inflationary problem that affects several economies on the planet.

But there’s another oil-based fuel that has gotten even more expensive — in June it hit its all-time high — and it’s causing even more headaches than gasoline.

This is diesel oil.

At the end of May, the average price of a liter of common diesel oil reached almost R$ 7, the highest value recorded in the historical series of the National Agency of Petroleum, Natural Gas and Biofuels (ANP).

About Abhishek Pratap

Food maven. Unapologetic travel fanatic. MCU's fan. Infuriatingly humble creator. Award-winning pop culture ninja.

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