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Investment funds hold their largest bets on higher European diesel prices since February 2022. Ukrainian attacks on Russian refineries have intensified, and Russia is weighing a diesel export ban.
Possible Russian diesel export restrictions and refinery losses could tighten global diesel supply, raising trucking, shipping and farm input costs for feed producers.
ttnews.comBloomberg NewsSep 24, 2025After 250 past bullish geopolitics events, ULSD / Diesel moved a median +1.7% over 5 sessions (58% higher; middle half -3.6% to +8.7%), and +0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
