US Energy Secretary Says Russian Diesel Cargo Will Find Buyer Despite Shipping Delay

The Malta-flagged tanker was moving off the U.S. East Coast on Nov. 11 after slowing sharply the previous day, with its destination still unclear.

US Energy Secretary Says Russian Diesel Cargo Will Find Buyer Despite Shipping Delay

TL;DR

  • U.S. Energy Secretary Chris Wright is confident Russian diesel will sell on the global market.
  • The tanker carrying the diesel has experienced delays.
  • Wright stated the diesel will go to another port if necessary.
  • The goal is to integrate the diesel into world markets.
  • An analyst observed a significant decrease in the tanker's speed.