Story perspectives

EU's Diesel Imports Shift: Russia's Share Plummets to 1%

9/18/2025

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Summary

Story summary

The EU banned seaborne diesel imports from Russia in early 2023, redirecting trade to the Middle East and the U.S.
Russia's share of Europe's diesel imports fell from 50% to less than 1% by 2024.
Middle Eastern refineries, particularly in Kuwait and Oman, boosted production to fulfill European demand.
Current diesel imports from the Middle East average 340,000 barrels per day.
Geopolitical tensions, especially concerning Iran, have strained the global diesel market.

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Story summary

The EU banned seaborne diesel imports from Russia in early 2023, redirecting trade to the Middle East and the U.S.
Russia's share of Europe's diesel imports fell from 50% to less than 1% by 2024.
Middle Eastern refineries, particularly in Kuwait and Oman, boosted production to fulfill European demand.
Current diesel imports from the Middle East average 340,000 barrels per day.
Geopolitical tensions, especially concerning Iran, have strained the global diesel market.