The European Union has introduced a ban on imports of refined oil products from Russia on February 6, stepping up its economic fight against the Kremlin. Move comes after the bloc found new supplies of diesel from the US, Middle East and India to replace Russian energy supplies. According to Lauri Myllyvirta, a lead analyst at the Centre for Research on Energy and Clean Air, the embargo, which includes EU purchases of diesel and jet fuel, will be financially damaging for Moscow as the EU has been by far the largest buyer of oil products from Russia.
