Europe's oil hypocrisy exposed; EU nations hoard diesel from Russia before ban kicks in

European traders are reportedly hoarding Russian diesel ahead of the EU embargo on the country’s oil products, which comes into force in February. According to the reports, Russian diesel shipments headed to the Amsterdam-Rotterdam-Antwerp (ARA) storage region saw a whopping 126% increase in November from October. This shows that Russia remains the EU's largest diesel supplier, despite sanctions from the west.