There is no way to trace whether there is Russian crude oil or how much crude from Russia will go into the refined products market globally, Shell’s chief executive Ben van Beurden said on Thursday. “We do not have systems in the world that trace back whether that particular molecule originated from a geological formation in Russia…. that doesn’t exist,” van Beurden told journalists, as carried by Reuters . “So therefore, diesel coming out of an Indian refinery that was fed with Russian crude is considered to be Indian diesel,” Shell’s top executive added, highlighting the challenge the West faces in truly banning Russian oil from the market. The U.S. has already banned imports of Russian energy products, including crude, refined products, and liquefied natural gas (LNG). In Europe, the European Commission on Wednesday officially proposed a full ban on Russian crude and oil product imports by the end […]