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Capital Economics warns that a US ban on diesel exports could exacerbate global supply shortages.
Capital Economics noted that a potential US diesel export ban would hit Latin America and Europe the hardest. Increased US diesel exports this year have offset about half of the global supply losses caused by the situation in Russia and the war in Iran. A full export ban could reduce global seaborne diesel supply by another 30%, thereby pushing up global fuel prices.
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Source：X@DeItaone · Source Link
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