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How Europe’s Main Diesel Exchange Can Help Russia Keep Exporting

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Diesel Price Spike at 'Biblical Proportions,' Says Blas

Europe’s main commodities futures exchange is offering an anonymized conduit for Russian diesel to be supplied into the continent’s oil trading hub.

Since Russia began its invasion of Ukraine in late February, a swath of companies said they were scaling back purchases from Moscow. In practice though, the nation’s oil and fuel is still flowing to export markets in large volumes.