The EU has pivoted to importing diesel fuel from the Middle East and Asia.
From September 1 to 11, Europe imported 1.65 million barrels of diesel daily. This is the highest amount since August 2019, writes Reuters. Imports from the Russian Federation accounted for 44% of the total volume, compared to 51% in August and 60% in July. The Middle East share reached 30% against 23% in August. Diesel imports from this region are forecast to increase by about 50% to 500,000 barrels per day in September. This is the highest figure since May