Russian diesel export ban to hit Turkey, Brazil hardest but curbs seen short-lived

Russia’s move to temporarily ban nearly all its exports of diesel and gasoline to ease surging domestic fuel prices is set to hit flows to Turkey and Brazil, but market watchers expect the curbs to be short-lived. Announced with immediate effec t on Sept. 21, by far the biggest impact of the ban will be on global diesel markets, as…Russia’s move to temporarily ban nearly all its exports of diesel and gasoline to ease surging domestic fuel prices is set to hit flows to Turkey and Brazil, but market watchers expect the curbs to be short-lived. Announced with immediate effec t on Sept. 21, by far the biggest impact of the ban will be on global diesel markets, as…  Read More