Markets

Europe: Suspected Russian Diesel Flows Prompt EU Action

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Efforts to clamp down on Russian diesel being rebranded and sold back into Europe are under way with the European Commission mulling a ban on vessels that have previously violated G7 restrictions from entering EU ports. That would include ships that had carried a forbidden Russian cargo, carried out ship-to-ship transfers in EU waters or turned off their transponders in order to hide their location.

Topics:
Diesel/Gasoil, Jet Fuel, Gasoline, Oil Spot Markets
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