The arrival of Russian diesel curbs the escalation of crude driven by Houthi attacks
Leer
Russia has released 1.56 million barrels of oil and petroleum products into the market following an agreement with US President Donald Trump. The move comes after the US lifted sanctions on Russia, allowing the country to increase its oil exports. Russia's exports are expected to accelerate in the coming months, with a target of 240,000 barrels per day by the end of the year.
The release of Russian oil has helped to calm market prices, which had surged following attacks on Saudi Arabian energy facilities and a blockade of the Strait of Hormuz.
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