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Europe's June Russian gas imports rise
The decline in refining in the American oil industry has kept fuel prices high despite a global drop in oil prices, as the demand for refined products in the U.S. market continues. In Europe, Russian gas imports increased by 14% in June, with reduced river transportation leading to the use of trucks to compensate for delays. Additionally, the European economy experienced approximately 1% growth in the services sector during May, while geopolitical challenges and global supplies of gas and oil persist.
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