Diesel Futures Jump on Middle East Disruption -- Market Talk

Dow Jones03-02 22:50

0950 ET - Disruption of oil and product flows out of the Persian Gulf is causing diesel and jet fuel prices to soar. "Weekend attacks between Israel, the U.S. and Iran, and subsequent retaliations--including strikes on Ras Tanura and Duqm--have sent shockwaves through global diesel and jet markets," James Noel-Beswick of Sparta Commodities says in a note, referring to Iranian drone attacks on Saudi Arabia's Tanura refinery and Oman's Duqm port. "Diesel but particularly jet faces an acute European squeeze," he says. "The trajectory for both diesel and jet now hinges on the scale and duration of escalation." ICE Futures of Europe gasoil are up 19% at $898.25 a metric ton. Nymex diesel climbs 14% to $2.9699 a gallon. (anthony.harrup@wsj.com)

(END) Dow Jones Newswires

March 02, 2026 09:50 ET (14:50 GMT)

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Nymex diesel climbs 14% to $2.9699 a gallon. (anthony.harrup@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 02, 2026 09:50 ET (14:50 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Diesel Futures Jump on Middle East Disruption -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDiesel Futures Jump on Middle East Disruption -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-03-02 22:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0950 ET - Disruption of oil and product flows out of the Persian Gulf is causing diesel and jet fuel prices to soar. \"Weekend attacks between Israel, the U.S. and Iran, and subsequent retaliations--including strikes on Ras Tanura and Duqm--have sent shockwaves through global diesel and jet markets,\" James Noel-Beswick of Sparta Commodities says in a note, referring to Iranian drone attacks on Saudi Arabia's Tanura refinery and Oman's Duqm port. \"Diesel but particularly jet faces an acute European squeeze,\" he says. \"The trajectory for both diesel and jet now hinges on the scale and duration of escalation.\" ICE Futures of Europe gasoil are up 19% at $898.25 a metric ton. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"柴油期货因中东局势动荡而上涨——市场讨论","themeId":"6d894a0194eaba7308bb861e97ad6741","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"0950 ET - Disruption of oil and product flows out of the Persian Gulf is causing diesel and jet fuel prices to soar. \"Weekend attacks between Israel, the U.S. and Iran, and subsequent retaliations--including strikes on Ras Tanura and Duqm--have sent shockwaves through global diesel and jet markets,\" James Noel-Beswick of Sparta Commodities says in a note, referring to Iranian drone attacks on Saudi Arabia's Tanura refinery and Oman's Duqm port. \"Diesel but particularly jet faces an acute European squeeze,\" he says. \"The trajectory for both diesel and jet now hinges on the scale and duration of escalation.\" ICE Futures of Europe gasoil are up 19% at $898.25 a metric ton. 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(anthony.harrup@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  March 02, 2026 09:50 ET (14:50 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":false,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2616355176","isCrawlerRequest":true}