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US weighs diesel export ban to curb prices; global supply risk looms
BBC NewsLO·US·3 days ago
Russia has prolonged its temporary ban on diesel and marine fuel exports by producers until October 31, extending the restriction originally imposed to stabilize domestic fuel prices during the harvest season. The move signals continued supply tightness in global diesel markets, as Russia is a major exporter. Uncertainty remains over the duration of the ban and its impact on global fuel inventories.