IEA warns diesel squeeze will last into 2027

Summary

The IEA says a diesel squeeze caused by supply disruption from the Iran war is expected to last well into 2027, according to CNBC. Euronews reports that the agency warned European diesel prices could rise as the global crunch continues into 2027, while the Financial Times says it warned global diesel prices are set to rise again.

Timeline

1. cnbc.com

   14 Oct 2026, 10:37 UTCSource ↗

   CNBC reports that the IEA says the Iran war is disrupting supply and the diesel squeeze will last well into 2027.

2. euronews.com

   14 Oct 2026, 11:37 UTCSource ↗

   Euronews reports that the IEA warned diesel prices in Europe could rise as the global crunch lasts into 2027.

3. ft.com

   14 Oct 2026, 12:25 UTCSource ↗

   The Financial Times reports that the IEA warned global diesel prices are set to rise again.