on Russia. In February, the European Union banned imports of refined Russian fuels, including diesel, after banning seaborne crude oil imports in December. crude oil shipments are back above pre-war levels
"Trade flows [for diesel] have sprung up into many North African countries, while other key exporters such as Turkey and Saudi Arabia have increasingly imported Russian diesel in recent months given advantageous pricing," he said.ramping up imports of Russian supplies only to resell them Brazil, for example, imported effectively zero Russian diesel all the way up to the end of 2022, with most of its supplies coming from the US and other sellers, according to Kpler data shared with Insider.