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Russia restarts diesel exports
Russia has resumed exporting diesel from the Primorsk port on the Baltic Sea after reaching understandings with Washington involving a partial easing of energy restrictions, aimed at meeting global demand and alleviating price pressures in fuel markets. The Russian Deputy Prime Minister anticipated that diesel exports would reach 3 to 3.5 million tons per month by the end of the year, following the restart of exports which began on October 10 with temporary exemptions from sanctions. These measures are expected to help reduce the fuel market deficit despite rising maritime shipping costs.
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