The decision is related to the forthcoming EU ban on imports of such petroleum products. As neftegaz.ru notes, the move excludes one of the potential sources of supply from the assessment methodology. The agency said that all applications in its evaluation process must now involve a guarantee of compliance with the EU’s future ban on fuel imports from Russian oil.
The new rules will be introduced in stages. To assess prices for large batches of oil products, material of Russian origin will cease to be taken into account from December 15, 2025, and for assessments for barges – from January 2, 2026, neftegaz.ru specifies.
The publication also notes that this measure tightens the approach compared to the decision previously made by the Intercontinental Exchange. The ICE rules set on November 18 allowed the import of diesel fuel from refineries processing Russian oil into the EU if it was produced on a line with non-Russian feedstock.
In comparison, Platts imposes stricter restrictions, excluding all refined products produced from Russian crude from the assessments. The changes are in line with EU Council Regulation 2025/1494, known as the “18th sanctions package”.
The EU’s full ban on imports of petroleum products made from Russian crude oil into the EU will come into effect on January 21, 2026.
