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Russia Extends Diesel-Export Ban as Ukraine Ramps Up Attacks

Source: Bloomberg

Geopolitics & WarEnergy Markets & PricesTrade Policy & Supply Chain

Russia extended its ban on diesel exports, citing the need to keep the domestic market supplied as intensified Ukrainian attacks hit the nation’s refineries. The policy keeps additional diesel from moving into global supply, raising the risk of tighter availability and higher prices for end markets reliant on Russian product flows.

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