U.S. Sanctions Boost Diesel Prices
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lower Russian diesel flowsReuters
•Global diesel prices spike as US hits Russia with new sanctions
76% Informative
U.S. imposed its toughest sanctions on Russian producers and tankers on Jan. 10 to curb the world's No. 2 oil exporter's revenue for its war in Ukraine .
At least 150,000 barrels per day (bpd) of Russian diesel exports from Gazprom Neft and Surgutneftegas refineries are at risk.
The premium of the first-month European diesel benchmark contract to that six months later spiked to $ 50.25 a metric ton on Thursday .
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