Goldman's Global Diesel Crisis Warning Gets Louder As Perfect Storm Unfolds

After overnight tit-for-tat strikes between the US and Iran, Brent crude futures topped $91 a barrel, while US diesel crack spreads neared $100 a barrel once again as the refined-products crisis rages into late summer.

For much of the summer, analysts at Goldman, including energy expert Daan Struyven, have warned that "diesel is at the epicenter of the supply squeeze."