Saudi Arabia is importing millions of barrels of diesel from Russia, despite having more than enough of its own. The kingdom is the world’s top crude exporter and a significant seller of petroleum products. Yet it imported almost 2.5 million barrels of diesel-type fuel from Russia in the first 10 days of March, far more than at any other time in the last six years, according to Kpler data compiled by Bloomberg. At the same time, vast amounts of the fuel continue to be sent from Saudi Arabia to Europe, which on paper looks like a potentially lucrative move. The flows also show how the global energy trade is being ... (full story)