Europe’s Russian Diesel Imports Drop, but Still Dominant

Europe’s Russian Diesel Imports Drop, but Still Dominant
A Russian state flag flies on the top of a diesel plant in the Yarakta Oil Field, owned by Irkutsk Oil Company (INK), in Irkutsk Region, Russia, on March 10, 2019. Vasily Fedosenko/Reuters
Reuters
Updated:

LONDON—European diesel imports from Russia are set to fall in April but will still exceed those from other regions, highlighting the challenge European governments face as they contemplate new sanctions on Russian oil.

Diesel deliveries from Asia, the Middle East, and the United States are set to hit their highest in almost three years in April, data from oil analytics firm Vortexa showed, as traders scramble to replenish dwindling stocks and to gradually curb the region’s dependence on Russian oil.