Before the Ukraine War, the EU depended on Russia for diesel as well as natural gas. It banned seaborne imports of Russian diesel on February 5. That prompted predictions of a supply crunch. Instead, diesel prices and refining margins have dropped. That is counter-intuitive.
乌克兰战争之前，欧盟依赖俄罗斯供应柴油和天然气。今年2月5日起，欧盟禁止俄罗斯海运柴油进口。这引发了关于供应紧缩的预测。实际上，柴油价格和炼油利润率下降了。这与直觉相悖。
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