Turkey and Morocco Are Emerging as Demand Sources for Russian Diesel Before EU Ban

For clues on the future landscape of the diesel market when the European Union bans fuel imports from Russia, Turkey and Morocco are good places to start.

Turkey imported 213,000 barrels a day of Russian diesel in December, the highest since at least the start of 2016, according to data from Vortexa Ltd. compiled by Bloomberg. January’s flows are on course to be the second-highest ever. Moroccan receipts are also sharply up.