sightDIESEL EXPORTS•4d
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U.S. sanctions easing reopens a route for Russian diesel
Russia has reopened a potential U.S. outlet for diesel after Washington temporarily eased sanctions, turning a policy change into a fresh route for Russian fuel while refined-fuel inventories remain tight. The first reported shipment was a 40,000-ton tanker from Primorsk bound for Morocco.
Moscow says exports could reach 3-3.5 million tons per month by year-end. Energy Secretary Chris Wright said any Russian diesel shipped to the U.S. was expected to go to New England, while critics argue the arrangement could reclassify sanctioned exports rather than add supply.
Moscow says exports could reach 3-3.5 million tons per month by year-end. Energy Secretary Chris Wright said any Russian diesel shipped to the U.S. was expected to go to New England, while critics argue the arrangement could reclassify sanctioned exports rather than add supply.
Timeline3
Oct 14
Russia resumed diesel shipments from Primorsk after Washington temporarily eased sanctions; a 40,000-ton tanker was headed to Morocco.
Oct 14
TASS reported that Russia could raise diesel exports to 3.5 million tons per month by year-end.
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U.S. Energy Secretary Wright said Russian diesel, if shipped to the United States, would likely go to New England.
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