Europe Is Releasing Diesel Stocks but the Shortage Stays

The global diesel shortage persists despite Europe's stock releases, as refinery maintenance, harvest demand and supply disruptions collide. Alex Hodes, StoneX Director Energy Market Strategy, covers France's diesel release, Red Sea and Hormuz supply risk, U.S.-Iran talks and Russian diesel. Houthi attacks have disrupted loadings at Yanbu, the Red Sea port Saudi Arabia uses to bypass the Strait of Hormuz. Hormuz crude flows swing sharply day to day, with a lasting return to prewar levels tied to a U.S.-Iran deal, while Russian diesel exports depend on Ukrainian refinery attacks. 0:00 Houthis Put Oil Back on Edge 0:41 France Buys Time on Diesel 2:22 Elections Tap Diesel Reserves 3:51 Bab el-Mandeb Risk Hits Yanbu 5:19 Hormuz Flows Swing Day to Day 6:32 U.S.-Iran Talks Hit Red Lines 8:32 Russia's Diesel Can't Get Out Discover Actionable Energy Insights with StoneX Market Intelligence: https://shop.stonex.com/collections/energy?utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_alex_hodes&utm_content=share Like and subscribe for more financial market insights. #StoneX #Diesel #AlexHodes #CrudeOil #StraitOfHormuz