EU facing diesel crisis with Russian ban looming – Bloomberg ...News

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The bloc still relies on Moscow for 40% of imports, according to ship tracking data The EU will have a difficult time replacing Russian diesel when a ban on the country’s seaborne oil products and an accompanying price cap come into force on February 5, Bloomberg reported on Friday. According to the outlet, citing ship tracking data from Vortexa, the EU imported about 220 million barrels of diesel-type product from Russia in 2022. By December, some 40% of the fuel came to the bloc from the sanctioned country. While the region’s reliance on Russian petroleum products was reduced last year, in 2021 more than half of

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