Published by
Reuters UK
Reuters UK
By Bozorgmehr Sharafedin and Rowena Edwards LONDON (Reuters) – European economies face the risk of a shortage of diesel, the preferred fuel for heavy industry, as sanctions on Russian energy threaten to disrupt imports while supply from elsewhere remains limited. Russia is Europe’s largest supplier of diesel and related fuels, sending over three quarters of a million barrels per day for use in European heavy machinery, transportation, farming, fishing and for power and heating. The surge in diesel prices in Europe has already had an impact on industry by pushing up fuel and transportation cost…