All news on the topic: Diesel

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EPPO arrests 11 suspects in €240 million diesel tax fraud investigation across Europe
At the request of the EPPO in Berlin and Katowice, 11 suspects were arrested in Germany, Poland and Latvia in the ‘Water into Wine’ investigation into a large-scale diesel VAT fraud scheme. More than 100 searches were carried out across six European countries.
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Italian authorities seize €23.5 million in assets in fuel VAT fraud investigation
At the request of the European Public Prosecutor’s Office (EPPO) in Milan, Italian authorities seized assets worth more than €23.5 million as part of an investigation into a VAT fraud scheme involving imported fuel.
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Mexican authorities tie Ikon Midstream to CJNG cartel fuel smuggling network in explosive investigation
Ikon Midstream, a Houston-based petroleum trader whose offices were raided last month by U.S. authorities, is under investigation in Mexico in connection with fuel smuggling
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Starmer under fire after allowing Russian-derived jet fuel amid global energy shock
Vladimir Putin’s war in Ukraine could receive a £1bn boost after Sir Keir Starmer eased sanctions on Russian oil, experts have said.
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Chinese refiners snap up sanctioned Iranian oil at rare premiums as prices tumble
Singapore, April 10 - Chinese independent refiners have bought Iranian oil at premiums to Brent for the first time in years.
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How Michael Zeligman’s trading structures became central to the Demex–Paramount pipeline moving Russian crude beyond the price cap
A long-standing supplier to Paramount SA was Concept Oil Services Ltd., a Hong Kong-based company founded by Michael Zeligman, a resident of Monaco.
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Scotland faces fuel crisis as stations run dry ahead of Easter weekend amid soaring prices
Petrol stations across Scotland have been forced to close today after running out of fuel ahead of the Easter weekend amid soaring prices.
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Airlines warn of ‘no fuel’ scenario as UK supply chain buckles under Hormuz shutdown
Britain’s last known shipment of jet fuel from the Middle East is due to arrive within 48 hours amid alarm over shortages within a week.
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EU prosecutors charge six suspects in major diesel VAT fraud scheme in Germany
The European Public Prosecutor’s Office (EPPO) in Berlin (Germany) has filed an indictment against six defendants before the Berlin Regional Court, in connection with its ongoing investigation into a large-scale VAT fraud scheme, code-named ‘Water into Wine’, involving the sales of diesel.
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UK drivers face £100 fill-ups as fuel prices soar and Treasury cashes in on crisis
Next week, filling up an average-sized family car is likely to cost £100, writes Giles Sheldrick.
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Report warns that the West is funding Putin’s soldiers through increased Russian fuel purchases
Countries opposed to Moscow are spending ever more on cheap fuel made from Russian oil, according to a new analysis shared with POLITICO.