The European Union has announced that the new package of measures aimed at limiting Russian oil -produced fuel flow will not come into force before January, mitigating some concerns about the impact on the already pressured diesel market.

In legal texts published on the weekend, the EU said the ban would enter into force on 21 January of the following year. It was preceded by a statement on Friday that the EU would proceed with the ban on importing processed products, mainly diesel, produced in third countries using a Russian crude.

The measure is essentially a ban on one of the basic methods of bypassing sanctions against Russian procurement. Since the restrictions came into force, large buyers of Russian oil, such as India, could have been processing the slow bought cheap from Russia and then sell the fuel they produced in Europe.

The premium of the futures for diesel in relation to crude decreased on Monday after the announcement.

“The EU has given diesel markets a breath away by publication at the last minute of the six -month transition period for imports of Russian processed products from third countries,” said Florence Smith, an analyst at Rabobank.

The delay in the application means that the extra pressure on diesel supplies will occur at a time when crude markets are expected to be over -supply, possibly limiting the impact, he added.