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Source?

• bryanlarsen 11d ago
  Basic supply & demand. Russia has banned the export of gas & diesel, and is buying gas from India.
  • pbkompasz 9d ago
    That's not a source
• toasty228 10d ago
  All the petrol processed in the world is consumed virtually on the spot, take down any production capacity anywhere and you'll create all kind of nasty side effects, now take down multiple major actors/transport roads and you get the current situation
  • XorNot 10d ago
    That's not a source. And it also directly contradicts your assertion. Petroleum products are refined and consumed near the point of use because they're not very shelf stable. Petrol is not shipped internationally in any significant quantity, neither is diesel for these reasons. Take down any production capacity anywhere and you'll have shortages locally but crude oil supplies will divert to other refining capacity and fall in price. Conversely take down crude oil supply...
    • bryanlarsen 10d ago
      It's still a global trade. Russia - India trade is directly affected, so that affects the supply of diesel out of India for those who normally buy from India. So they buy from somebody else. And so on down the line. Diesel is shelf stable for 6-12 months, which is long enough to ship anywhere in the world.