China’s Latest Energy Crunch: Diesel Rationing

Chinese gas stations have started to limit diesel sales as supplies tighten for the oil product that has benefited the most from the record high coal and natural gas prices. Diesel can be used in generators for power as China is struggling with electricity outages. But diesel is also the main fuel for long-haul heavy-duty trucks, and shortages in China could mean that another disruption is coming to global supply chains. Gas stations in some parts of China have restricted the amount of diesel sold to customers to avoid widespread shortages, Bloomberg…