Russia Lifts Ban On Seaborne Diesel Exports

Russia lifted on Friday the ban on most of its diesel exports, two weeks after announcing export restrictions on diesel and gasoline to curb soaring domestic prices. The Russian government said in a statement on Friday that as part of additional measures to keep the domestic fuel market stable, it is lifting the ban on exports of diesel delivered to seaports by pipeline, provided that the diesel producer supplies at least 50% of the diesel to the domestic market. The ban on gasoline exports stays, for now. As part of the measures announced on Friday,…