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Traders Panic as Platts Excludes Russian Diesel

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European markets continue to adjust to the de facto ban on Russian diesel as traders shun its oil exports. Benchmark price reporter S&P Platts has announced it will exclude Russian-origin fuel from its main European ultra-low-sulfur diesel (ULSD) and gasoil cargo assessments from the start of next month, sparking midweek panic in the region's huge Platts-indexed swaps market.

Topics:
Diesel/Gasoil, Oil Trade
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