Diesel Shortage Leaves Europe Struggling

Europe is bracing for a diesel shortage, much like the one in the U.S. Diesel inventories are at a 12-year low in the E.U., & prices have risen sharply as a result.

The problem is two fold: first, there's been an increase in demand for diesel fuel & second, the supply chain has been disrupted by political unrest with Russia.

This has led to an inflation in prices, which is expected to continue into the future.

The E.U. has backed itself into a corner by putting sanctions against imports of Russian products that could replenish the shortage.

This will put a strain on supplies of all kinds & contribute to increased costs of living. Retailers in the UK say that they are are not expecting a very festive holiday season.

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