Mediterranean diesel supply tightens as Russian exports tumble

AI Summary

Diesel supply in the Mediterranean is tightening as Russian exports slump due to damaged infrastructure and potential export bans by Moscow. Europe is notably impacted, with importers competing for limited barrels amid a constrained global energy balance.

Diesel supply in the Mediterranean is tightening as Russian exports slump due to damaged infrastructure, with Moscow considering an export ban that is fueling bullish sentiment and forcing importers to compete for barrels amid an already constrained global balance, according to market sources. “Europe is most affected” by the disruptions to Russian energy production, said ...