Diesel Price:
Withdraws Diesel Export Ban

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Russia Partially Withdraws Diesel Export Ban
Raising Hopes for Europe

The Russian diesel export ban has caused a sharp increase in diesel prices in Europe.

Russia has been demanding that the West lift sanctions in exchange for increasing energy exports.

The ban was imposed in early September, but Russia has now announced that

it will allow oil refiners to send diesel via pipelines to ports for shipping to international markets

provided they ensure at least 50% of their output is sold in Russia.

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