Starting Sunday, the EU will prohibit imports of Russian gasoline, diesel and other products from Russian refineries used throughout Europe.
The new EU ban will apply to anything produced from Russian crude oil, says Richard Bronze, head of geopolitics at Energy Aspects, a consultancy in London.
Last year, Europe imported about 700,000 barrels per day of Russian diesel — around half its total imports of the fuel, according to market analysts.Matteo Ilardo, a London-based geopolitical analyst with the risk intelligence firm RANE, says the ban will have an impact for Europeans. He points to France's heavy reliance on Russian diesel."France usually imports around 20% of total seaborne diesel exports from Russia.
"Those could be in East Africa, in Asia, they could be in Latin America," Grati says."What you're looking at is one great big reshuffle to get desirable barrels to Europe, and then barrels deemed undesirable from Russia to those other markets."
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Europe Cuts Addiction to Russian Energy, Yet Fuel Scramble ContinuesEurope’s dependence on Russian energy is drawing to a close, leaving the continent racing to squirrel away fuels and find alternative supplies.
Baca lebih lajut »
Traffic to Gas Works Park may get more congested starting FebruaryStone Way North goes under construction starting Feb. 6.
Baca lebih lajut »
Samsung announces Galaxy S23 series with $799.99 starting price and 200MP cameraSamsung unveiled the Galaxy S23, S23 Plus, and Ultra: Release date, prices, preorder deals, and specs are official.
Baca lebih lajut »
Let Us Rethink Time—And Optimize It—Starting With After-Hours Skin CareThe body’s nighttime repair process offers a window for targeted, low-fuss skin care. Easy does it.
Baca lebih lajut »
400,000 Alabama households will see food stamps cut by some $170 starting next monthMore than 725,000 Alabama residents – roughly 15% of the state - receive food stamp benefits. But many of them could see cuts soon from pandemic-era aid. Details:
Baca lebih lajut »
Ryan Day Hopes New Starting Quarterback Emerges By End Of Ohio State's Spring Practice ScheduleRyan Day hopes Kyle McCord or Devin Brown will emerge as C.J. Stroud's successor under center by the end of Ohio State's spring practice schedule.
Baca lebih lajut »