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by khriss 56 days ago
Aren't those identical things? Shortage of commodity X, relative to demand, drives up prices for X.
1 comments

A shortage can also be physical. The fuel you already bought (and possibly paid for) cannot be delivered. Maybe the actual delivery is the issue. Maybe a government confiscated it for other uses. Or maybe the fuel doesn't exist at all, because the refinery didn't have the oil to produce it.