The European Union could ban the import and transit of some fuel oil from Russia around six months ahead of the planned deadline, an EU official and four traders told Reuters. The EU has been reducing imports of Russian oil products since March, after Moscow sent thousands of troops into Ukraine, and agreed a full ban from February 2023. read more However, the import and transit of Russian coal is being stopped sooner – from Aug. 10, and technically may include fuel oil. EU bans are based on so-called Combined Nomenclature (CN) codes used by customs. One of the codes being used for the coal ban is 2707, which also refers to: “Oils and other products of the distillation of […]