Sec. Wright: We’re in a Crisis with a Shortage of Diesel Because of the Conflict Between Russia and Ukraine

EXCERPT:

WRIGHT: “The order was signed yesterday and it's five days for Treasury and the Department of War to find the specific authorizations, but we're in a crisis right now with a shortage of diesel because of a conflict between Russia and Ukraine, China deciding not to export diesel anymore, and we still have reduced flows of refined products out of the Middle East, although they're on their way up.”