Goldman Sachs Group said that at a time when Russian supply is at risk and disrupted by the US-Iran war, diesel is at the core of the tight fuel supply. Samantha Dart, co-head of global commodity research at Goldman Sachs, said on Monday: “The situation in Russia is indeed a matter of great concern for us. The Russian problem has been going on for about four years now, so this situation is likely to continue.” As the US-Iran war continued, the global energy market rose sharply in July, and Ukraine also stepped up attacks on Russian refineries and fuel export routes. Diesel is widely used in industry, agriculture, and logistics, and is a critical industrial fuel for the global economy. Brent crude oil rose 24% last month, and European diesel futures rose even more, reaching 42%.

Goldman Sachs Group said that at a time when Russian supply is at risk and disrupted by the US-Iran war, diesel is at the core of the tight fuel supply. Samantha Dart, co-head of global commodity research at Goldman Sachs, said on Monday: “The situation in Russia is indeed a matter of great concern for us. The Russian problem has been going on for about four years now, so this situation is likely to continue.” As the US-Iran war continued, the global energy market rose sharply in July, and Ukraine also stepped up attacks on Russian refineries and fuel export routes. Diesel is widely used in industry, agriculture, and logistics, and is a critical industrial fuel for the global economy. Brent crude oil rose 24% last month, and European diesel futures rose even more, reaching 42%.