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Event Brief

Kevin Book says Russian diesel may offer limited relief

Kevin Book, managing director of ClearView Energy Partners, said additional Russian diesel is unlikely to offset a roughly 70% rise in diesel prices, though higher volumes could ease prices by about 5 to 20 cents a gallon by the end of the fourth quarter. He also warned that Middle East escalation could put critical Saudi energy infrastructure at risk and disrupt oil markets.
WHO: Kevin Book, managing director of ClearView Energy Partners
WHAT: Book said additional Russian diesel is unlikely to offset the diesel price surge and warned that Middle East escalation could threaten Saudi energy infrastructure.
WHEN: Reported Oct 13, 2026 at 6:46 PM ET
WHERE: USA
WHY: Book said more Russian diesel could provide limited price relief, while further Middle East escalation could endanger Saudi energy infrastructure and cause a larger oil-market disruption.

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