Russia says sanctions should be lifted for it to satisfy international diesel demand
Kremlin spokesperson Dmitry Peskov said that for Russia to lift its diesel export ban and flood international markets, countries that have imposed sanctions on Russia should lift bans on importing Russian diesel, the Tass news agency reported. Local media previously reported that large Russian refineries will be banned from exporting until the end of October. ...
Russia has urged the international community to lift sanctions on its diesel exports in order to meet global demand, according to Kremlin spokesperson Dmitry Peskov. Peskov argued that Russia must be able to export diesel without facing barriers such as sanctions and restrictions, in order to saturate international markets. Currently, the EU prohibits the import of seaborne crude oil and refined petroleum products from Russia, while the G7 and Australia have imposed a price cap on exports of high-value Russian products, including diesel, at $100/mt.
The US has also called for Ukraine to cease attacks on Russian refineries, but strikes have continued. Despite recent improvements in domestic diesel availability, ongoing supply disruptions have exacerbated concerns about global shortages. The US is considering introducing its own diesel export ban, which would further limit supply to Europe.
Brief written by urgent.news from Hellenic Shipping News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
