Netherlands Buys Up Diesel Before Winter, Sanctions on Russia
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The Netherlands is purchasing millions of barrels of diesel in preparation for what is set to be a winter like no other.
The country’s petroleum stockpiling agency, COVA, has issued tenders seeking more than three million barrels of diesel for delivery before the end of the year, with potentially more to come. That comes as the European Union prepares to cut-off seaborne supplies from Russia, amid a broader energy crunch.