🎥 Hurricane "Isaias" left nearly 730,000 consumers without power in the southern United States and paralyzed about 63% of oil production in the Gulf of Mexico.

According to CNBC, oil companies cut production by approximately 1.3 million barrels per day. Two major refineries on the coast — Chevron in Pascagoula and Vertex Energy in Saraland — were also at risk.

"Isaias" made landfall in Florida as a Category 2 hurricane, after which it moved through Alabama. The storm flooded roads and knocked down trees and power lines. A state of emergency was declared in Florida and Alabama, while meteorologists also warned of the risk of tornadoes in Georgia and the Carolinas.

Against the backdrop of a diesel shortage, disruptions at refineries could further exacerbate the situation in the fuel market, CNBC notes.

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