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المشهد العربي
Boyane warns US diesel ban raises gas prices
Patrick Pouyanne, CEO of Total Energies, warned that imposing a ban on American diesel exports to curb rising gasoline prices would backfire. Such a move would reduce American refinery capacities and decrease production, leading to higher gasoline prices in the U.S. market and adversely affecting Europe, which relies on American diesel imports. European governments might have to rely on their strategic reserves to cope with the price increase.
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