# Diesel shortage in Europe threatens to slow economic growth

> Europe faces a diesel shortage that threatens to slow economic growth, as Russia supplies over three quarters of a million barrels per day of diesel and related fuels to the region. The supply risk affects heavy machinery, transport, farming and fishing. Europe depends heavily on that flow.

- Date: 2022-03-24 · published 2022-03-24T12:00:00.000Z
- Category: geopolitics · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/5944-diesel-shortage-in-europe-threatens-to-slow-economic-growth
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Losing Russian diesel supply tightens European fuel and power costs, raising farm and transport expenses and supporting energy prices that influence feed and freight costs.

## Read by commodity

- BRENT: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2022-05-19 | [Global diesel shortages herald imminent economic slowdown](https://feedsoft.ai/events/11773-global-diesel-shortages-herald-imminent-economic-slowdown.md) | -1.3% | +14.5% |
| DIESEL | 2026-07-16 | [Sharp Drop in Diesel Supplies Threatens to Rev Up Inflation Again - WSJ](https://feedsoft.ai/events/12182-sharp-drop-in-diesel-supplies-threatens-to-rev-up-inflation-again-wsj.md) | +4.3% | +8.9% |
| DIESEL | 2026-03-10 | [Diesel markets, upended by Middle East conflict, threaten global economic slowdown \| Reuters](https://feedsoft.ai/events/20337-diesel-markets-upended-by-middle-east-conflict-threaten-global-economic.md) | +11.4% | +27.3% |
| DIESEL | 2024-02-12 | [Diesel: Fuel That Powers the Economy Flashes Supply Tightness in Europe - Bloomberg](https://feedsoft.ai/events/31855-diesel-fuel-that-powers-the-economy-flashes-supply-tightness-in-europe-bloomberg.md) | -4.9% | -10.0% |
| DIESEL | 2023-09-13 | [Global diesel shortage boosts prices](https://feedsoft.ai/events/34293-global-diesel-shortage-boosts-prices.md) | +1.6% | -8.8% |
| BRENT | 2022-05-19 | [Global diesel shortages herald imminent economic slowdown](https://feedsoft.ai/events/11773-global-diesel-shortages-herald-imminent-economic-slowdown.md) | +5.1% | +11.1% |
| BRENT | 2026-03-10 | [Diesel markets, upended by Middle East conflict, threaten global economic slowdown \| Reuters](https://feedsoft.ai/events/20337-diesel-markets-upended-by-middle-east-conflict-threaten-global-economic.md) | +4.1% | +27.2% |
| BRENT | 2023-09-13 | [Global diesel shortage boosts prices](https://feedsoft.ai/events/34293-global-diesel-shortage-boosts-prices.md) | +2.6% | -3.9% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/diesel-shortage-europe-threatens-slow-economic-growth-2022-03-24/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.