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Asia Steps In to Fill Diesel Supply Gap in Africa as Middle East Exports Crash
Asia’s diesel exports to Africa are surging to nearly five-year highs, as Middle East’s sales to Africa crashed to nine-year lows amid threats to shipping and refinery outages, a Reuters analysis of ship-tracking data and volumes showed…
AI Summary
Asia’s diesel shipments to Africa have risen sharply, reaching near five‑year highs, while Middle Eastern diesel exports to the continent have fallen to nine‑year lows. The shift is linked to threats affecting shipping routes and refinery outages in the Middle East, according to Reuters analysis of ship‑tracking data and volumes released on Monday. This reversal highlights a growing reliance on Asian suppliers to fill the diesel supply gap in African markets.
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