Diesel supply constraints impact flows to Brazil

Diesel prices have soared, driven by supply constraints through the Strait of Hormuz and the ongoing war between Russia and Ukraine. Ukraine has managed to knock out a significant percentage of Russia's refining capacity, shrinking global supplies.

Where does that leave Brazil, which has been dependent on diesel imports from Russia? How do Brazil's price subsidies impact diesel supplies? What role could India play in supplying diesel fuel? What policy options, if any, does the Trump administration have to solve the supply problem? Join Jeff Mower, S&P Global Energy director of Americas oil news, as he discusses these topics with Aaron Tucker, managing editor of Americas middle distillates, and Renato Rostas, Brazil oil price manager.

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