Russia’s huge exports of diesel and other fuel products that are being shunned by many in Europe are fast heading to a new destination: the Middle East. Flows to the Middle East from Russia have risen every month since February when the war in Ukraine began. They hit 155,000 barrels a day in June, according to Vortexa Ltd. data compiled by Bloomberg. By contrast, Europe’s imports slid 30% in the period. While shipments into the Middle East aren’t new, the flows show how the war is upending long-established trade routes and creating opportunities for traders. The US has already banned Russian petroleum fuels and many European firms are self-sanctioning. The European Union and UK are set to prohibit seaborne imports from Russia. “When we approach the end of the year, the flow may […]