Brazil’s Fuel Imports From Russia Surge to Record Highs ...Middle East

Economy by : (OILPRICE) -
Since the EU embargo on Russian oil products, Brazil has become a major buyer of Russia’s diesel and gasoil, with Brazilian imports soaring as Moscow found new outlets for its petroleum products banned by the EU and U.S. Since the EU embargo on imports of Russian fuel came into force in early February 2023, Russia has diverted most of its diesel exports – previously going to the EU – to Turkey, the Middle East, North and West Africa, and Brazil in South America.   Russia has shipped so much diesel and other fuels to Brazil…

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