Crude has climbed back toward $110, but the bigger problem may be further down the supply chain. Tight diesel inventories, refinery disruptions and changing trade routes are forcing Western governments to balance energy security against sanctions, affordability and supply.
Full story : https://realnarrativenews.com/editorial/oil-110-diesel-shortage-western-energy-policy/
Oil shipping cost of Mideast oil is over $40 a barrel. Add that in.