Diesel cargos are being diverted away from the EU, days before Russian ban

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Written By Jennifer Joslyn

🇪🇺 Diesel cargos are being diverted away from the EU, days before Russian ban.

After months of preparation, the European Union is banning almost all imports from its top diesel supplier, Russia. Vessels hauling about 3 million barrels of fuel are rerouting their ships to the United States, instead - signaling that the United States may have a more dire diesel-supply situation than the EU. The United States is dependent on diesel fuel for a variety of reasons: one major reason is that diesel fuel is used extensively in the transportation sector, particularly in the trucking and shipping industries. Diesel-powered trucks and ships are a crucial part of the country's supply chain.

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Jennifer Joslyn
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