How serious is Russia’s fuel export ban and who will be hit?


Source: reuters.com reuters.com

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An aerial view shows oil tank cars and railroad freight wagons in Omsk, Russia May 24, 2022. Picture taken with a drone. REUTERS/Alexey Malgavko/File photo Acquire Licensing Rights MOSCOW/LONDON/SINGAPORE, Sept 27 (Reuters) - Russia said on Sept. 21 it had temporarily banned gasoline and diesel exports to all but four ex-Soviet states in response to domestic shortages, a move that will disrupt global trade that has already had to adjust to Western sanctions on Russian fuel exports. Russia eased some of the restrictions on Sept. 25, saying it would allow the export of bunkering fuel for some vessels and diesel...