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Russian Foreign Minister Sergey Lavrov said an agreement to export Russian diesel to U.S. and global markets had begun to bring prices down, with U.S. futures falling about 11% since the deal was announced. However, fuel prices at U.S. gas stations hit a record high last week. Announced on October 9, the deal calls for the immediate export of 300,000 tons, followed by 500,000 tons in November and one million tons at a later date, while Washington temporarily lifts sanctions on Russian fuel. Lavrov added that Russia had supplied Europe with energy resources worth $320 billion since 2022. Russian media reported that fuel shortages had returned in at least six regions following Ukrainian attacks on oil refineries.
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