EU diesel hits record €2.24 per litre as Middle East war hits supplies
Diesel supply into Europe is tightened by disruption tied to the Middle East war, pushing fuel prices to record levels.
Source →The trace
How it reaches your house.
Starting from Gasoline and diesel, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Crude Oil Feedstock →Shortage riskCrude oil is a critical one-to-one input for gasoline and diesel refining, so declining feedstock directly tightens finished fuel supply.
97% confidenceGasoline and diesel →Shortage riskDiesel tightness from falling oil supply directly constrains the one-to-one, critical crude feedstock that gasoline and diesel refining depends on.
96% confidenceCrude Oil Feedstock →Shortage riskHome heating oil is a distillate refined from crude, so lower crude availability tightens heating-oil supply as well.
Hop 2
Home heating oil →Prices riseHome heating oil is directly refined from crude, so declining oil supply tightens its sole feedstock and lifts feedstock costs.
97% confidenceSeafood and fish →DelaysWild Capture / Aquaculture Harvest
Fishing and harvest operations are diesel-intensive, so acute bunker-fuel tightness should slow harvest trips and stretch landing schedules.
79% confidenceSeafood and fish →Prices riseVessel Processing or Chilled Transport
Marine-diesel tightness raises operating costs for vessel-side handling and refrigerated transport, pushing seafood logistics prices up.
77% confidenceHop 3
Spent Autocatalysts (Secondary PGM Feedstock) →supply upPalladium and platinum group metals
As diesel-reliant primary PGM supply tightens, secondary autocatalyst feedstock becomes a more important relief source, partially lifting PGM availability.
58% confidenceSpent Autocatalysts (Secondary PGM Feedstock) →Stands to benefitA 25% share and six-month replacement lag make Umicore a large beneficiary if secondary PGM feedstock becomes more valuable under primary-supply tightness.
56% confidenceSpent Autocatalysts (Secondary PGM Feedstock) →Stands to benefitHop 4
Sibanye-Stillwater →Shortage riskJ-M Reef PGM Ore — Montana, USA (Sibanye-Stillwater)
This is a 100% sole-qualified internal ore source with very long replacement time, so diesel tightness that disrupts underground mining and backup power can directly curtail ore output.
92% confidenceSibanye-Stillwater →Shortage riskPGM Sulfide Ore — Bushveld Complex (South Africa)
Diesel scarcity raises operating strain and transport risk at the source mines, so this low-substitutability ore input can become scarcer or slower to reach Sibanye-Stillwater.
74% confidenceGermany →Shortage risk
Where it lands
What you buy, and what you own.
Goods you buy
Gasoline and diesel · Home heating oil · Palladium and platinum group metals · Seafood and fish
In the MyPRIA app, this is checked against your own holdings.