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Russia Considers Diesel Export Ban for Non-Producers

Russian oil companies and officials have discussed the possible ban on diesel exports for firms not producing diesel, due to rising prices and the risk of oil companies not getting their state subsidies, Russia’s Interfax news agency reported on Tuesday, quoting unnamed sources. Currently, Russia has a ban on gasoline …

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China is on a LNG Stockpiling Spree

China, the world’s largest LNG importer, is set to keep the number-one spot this year and next and be an increasingly influential force on the global market as its natural gas storage is nearing capacity ahead of the winter. China has spent years stockpiling gas, especially with high import volumes …

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Saudi Arabia Raises Oil Prices to Asia

The world’s largest crude exporter, Saudi Arabia, has raised the price of its flagship grade to Asia by more than expected amid high volatility in international oil prices amid the escalating conflict in the Middle East. Saudi Aramco in the weekend raised the price of its Arab Light grade loading …

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The Climate Cost of War

There are great humanitarian implications for any war, but the environmental consequences of conflict can often be overlooked. Conflicts, both big and small, have an extremely detrimental effect on the environment due to the use of munition. More than 5 percent of global emissions are caused by conflict or militaries, …

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