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Sanctions Tankers and Gas Capes

Cheap Russian diesel goes global, expanding shipping routes

As European bans on Russian diesel imports enter their fifth month, Saudi Arabia is taking the federation’s diesel for domestic use and exporting its own to Singapore amid an unprecedented upheaval in global middle distillate trade flows

  • Analysis

Russian diesel, once destined for Europe, now shipped to Türkiye, Brazil, northern Africa and Middle East at substantial discount, with longer voyages and profits from arbitrage trades boosting product tanker utilisation and earnings

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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