And it just got more complicated.
First up, Reuters via US News&World Report, January 21:
Western countries are working to structure price caps on Russian refined petroleum products to ensure continued flow of Russian diesel, but the markets are complicated and there is a chance things do not go to plan, Treasury Secretary Janet Yellen said.
Group of Seven countries and Australia implemented a price cap on Russian oil Dec. 5, banning the use of Western-supplied maritime insurance, finance and other services for cargoes priced above $60 per barrel.
They are now finalizing two separate price caps on Russian refined petroleum products, such as diesel and fuel oil, that are due to take effect on Feb. 5 along with a European Union ban on diesel imports, Yellen told reporters in Dakar, Senegal.
One will cover high-value products typically sold at a premium to crude, while another will apply to low-value products like fuel oil, she said told reporters traveling with her in Africa.
Yellen said setting the new price caps had proven "more complicated" than for crude, given the range of different refined products and price structures, and the importance of ensuring continued supplies of Russian diesel to the market....
....MUCH MORE
From RT (caution: state supported outlet) via the Wayback Machine for those whose governments don't allow Russian media, January 23:
Russia to ban oil resales under Western price cap – mediaDomestic oil exporters will reportedly have to make sure buyers don’t use the mechanism for resale
Russian exporters may soon be forbidden from selling oil to buyers under the Western price cap mechanism, the Kommersant news outlet reported, citing government sources.
According to the report, the Ministry of Energy has prepared a draft decree obliging Russian legal entities and individuals to avoid Western-mandated oil price limit provisions in their contracts with foreign buyers. They will also have to ensure that these buyers, including traders and agents, comply with this requirement for the further resale of Russian oil.
The contracts will also have to pass inspection at the Federal Customs Service. If the agency finds any violations, in particular, any mention of the price cap, it may ban the export of the products specified in the contracts.
The draft document is yet to be approved by the government, sources told the news outlet. The Ministry of Energy has so far declined to comment on the report.
The price cap on Russian oil, introduced by the G7, EU and Australia, came into force on December 5. It bans Western companies from providing insurance and other services to ships transporting Russian oil unless the cargo is purchased at or below $60 per barrel. The cap may be revised in March, as Russian oil is currently trading below this level. On February 5, the Western coalition will also introduce a price cap on Russian petroleum products; however, its details are still being discussed....
....MORE
https://www.rt.com/business/570329-russia-ban-oil-resales/
The Leopard 2 tanks, so much in the news, are diesel-powered and if Ukraine gets the 100 it wants, I don't know if the front-line European countries, particularly Poland, have enough capacity to supply the fuel for the tanks and all the other war machines, the armored vehicles, trucks trains etc.. Especially if Russia starts blowing things up.
With four fuel tanks, totaling 1160 (max1200) liters the tank's range is- Road: 340 km (210 mi)
- Cross country: 220 km (140 mi)
So about 4.1 liters (1.12 gallons) per mile at a 50/50 mix of terrain.
