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Europe’s large stocks of diesel could quickly run out if Russia bites

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Fears are growing that Europe could run out of diesel in the wake of Russia’s invasion of Ukraine — and no wonder considering the continent has historically sourced about 20 percent of its imports from the country.

European oil companies shun oil shipments from Russia as fighting enters a second month, instead seeking supplies from the Middle East, Asia and the US. Oil companies such as Shell Plc, BP Plc and TotalEnergies SE are already restricting deliveries of the fuel in Germany.

https://www.independent.ie/business/farming/agri-business/agri-food/europes-large-diesel-stockpiles-could-run-down-fast-as-russia-bites-41485774.html Europe’s large stocks of diesel could quickly run out if Russia bites

Fry Electronics Team

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