Morocco, a key market for Russian diesel after sanctions ...Kuwait

Morocco has become a key alternative market for Russian refined oil after the latest European Union sanctions against Moscow's petroleum products, reported Bloomberg Tuesday. After banning imports of Russian crude oil last year, the European bloc further banned Russian refined petroleum products last month depriving Moscow of its biggest market. Despite the ban, Moscow hit a record of 1.5 million barrels a day in the first 29 days of March. If that rate is maintained, this month will see the highest exports in data going back to the start of 2016, according to Bloomberg Moscow is reportedly defeating the EU’s sanctions by offering deep discounts to buyers with no stro

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Last updated : 30 March 2023 clock 10:13 AM

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Morocco, a key market for Russian diesel after sanctions ...Kuwait

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