Ukraine-Russia war: Europe imposes ban on Russian diesel, other oil products2 min read . Updated: 06 Feb 2023, 01:52 AM IST
- The goal is allowing Russian diesel to keep flowing to countries like China and India and avoiding a sudden price rise that would hurt consumers worldwide, while reducing the profits funding Moscow's budget and war.
Europe imposed a ban Sunday on Russian diesel fuel and other refined oil products, slashing energy dependency on Moscow and seeking to further crimp the Kremlin's fossil fuel earnings as punishment for invading Ukraine.
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