Russian diesel cargoes stall as US-bound tankers reroute
Several tankers that left Russia's Baltic port of Primorsk in October have not delivered diesel to the United States, and no new Russian diesel has reached US shores under the plan. Russian exports rose to 271,000 barrels per day in October, double September's 135,000, according to Financial Times figures. The Malta-flagged Agioi Fanendes, carrying 300,000 barrels, slowed off the US East Coast and moved in a zigzag pattern on Monday, 10 Nov, with no declared unloading port. Tankers bound for the US changed course because no buyers were found. The U.S. Treasury has authorized the transactions, but senior lawmakers from both parties call the diesel exemption illegal.
Key facts
- Trump's plan called for over 300,000 metric tonnes immediately, 500,000 tonnes in November and 1 million tonnes after.
- The Talisman passed the Strait of Gibraltar on 2 Nov and entered the Mediterranean.
- The Sierra Leone-flagged Leruo was reported heading to Brazil by 5 Nov.
- Deputy Foreign Minister Alexander Pankin said the deal could gradually restore business relations with Washington.
- Michelle Wiese Bockmann, senior analyst at Windward, cited political, compliance and enforcement challenges.
Summarised with AI from 3 sources · Updated 10:41Read our AI policy
Why it matters
The shipments test whether a Treasury authorization and a congressional ban can both be honored by buyers and shippers.
What changed
Meduza joined as a source
Hindustan Times joined as a source
First published from OilPrice.com