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Russia extends diesel export ban through October amid global fuel crunch: What it means for world energy market

Russia has extended diesel export restrictions through October to stabilise domestic fuel markets amid rising demand. This follows previous bans and is a response to reduced refining capacity due to conflicts, impacting global fuel supply and prices.

Russia extends diesel export ban through October amid global fuel crunch: What it means for world energy market

Russia has extended its ban on diesel exports through October in an effort to stabilise its domestic fuel market. This move comes as the country faces reduced refining capacity due to ongoing conflicts. The ban is expected to impact global fuel supply and prices.

The decision to extend the export restrictions follows previous bans and is aimed at meeting rising domestic demand for fuel.

Russia's actions have implications for the global energy market, particularly in the context of an existing fuel crunch.

Brief written by urgent.news from Live Mint, VnExpress Business — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.

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