Russia restricts maritime fuel exports
Russia has announced an extension of the ban on diesel and maritime gas oil exports until September 30, amid ongoing shortages of local fuel and disruptions to refining capacities caused by Ukrainian drone attacks. The restrictions include fuel exports shipped by domestic producers in an effort to stabilize the domestic fuel market, where production capacities have been significantly impacted. Due to the shutdown of refining units, diesel supplies had already decreased prior to the ban. Russia is the world's second-largest exporter of diesel, and its decision impacts global market balances.
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