Russia Bans Diesel Exports After Ukrainian Strikes on Energy Facilities
🛢️ MOSCOW — Russia cuts diesel exports while Hormuz already chokes oil supply. 📌 LOOK CLOSER: A Russian diesel export ban compounds Europe's energy shock: Hormuz disrupts crude, now Eastern supply tightens refined product. European diesel importers — Italy, Germany, Hungary — absorbed Russian flows via intermediaries post-2022 sanctions. Those informal channels just closed. Refiners face simultaneous crude premium and diesel scarcity in the same session.