With Russian shipping and refining capacity getting whacked we're seeing crack spreads greater than the price of crude itself.
Important - Diesel in the US.
— Vandana Hari (@VandanaHari_SG) July 13, 2026
The attention always focuses on gasoline pump prices.
Pricier diesel has a more silent but debilitating, wider impact on inflation and the economy. https://t.co/LBfd4qyNb3