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Turkey boosts diesel supply via India and US

The article focused on Turkey's shift in diesel imports during August, highlighting unprecedented increases in imports from India and America. This change was driven by a decline in diesel imports from Russia due to disruptions in the Russian refining sector and the effects of the war on Iran. Turkey imported over 120,000 barrels per day of Indian diesel and 90,000 barrels from the United States, marking the highest levels in years. Meanwhile, its imports from Russia decreased to about 20%, compared to 85% reliance on Moscow last year. This shift is attributed to Russia restricting its diesel exports following Ukrainian attacks on its refineries, prompting Moscow to source gasoline and jet fuel externally. Expectations indicate that pressures on the global energy market will continue, with the possibility of extending Russia’s export ban and increasing competition for shipments from Europe.

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