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LBCI Lebanon
US Treasury lifts Russian diesel export ban
The article discusses the U.S. Treasury Department's issuance of a temporary license to allow the supply of Russian diesel to the global market. This move is part of efforts to maintain supply security and mitigate the impact of sanctions on the global market, with expectations of a record low in diesel prices following the agreement between the United States and Russia. It also notes that Russia will supply over 500,000 tons of diesel to the market in November, followed by one million tons, aiming to support stability in global energy markets.
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