While the shock from Trump’s «diesel deal» with Putin and the American president’s statement that Ukraine needs a different president instead of Zelensky has not yet passed, I will try to explain from the standpoint of dispassionate economics why what happened is bad first and foremost for the United States itself.

#Analytics #VladimirZelensky #VladimirPutin #WarinUkraine #diesel #dollar #DonaldTrump #MunichAgreement #Russia #sanctions #USA #exportofpetroleumproducts

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In September, Russia’s seaborne exports of oil products rose to a three-month high and amounted to about 1.17 million barrels per day, Bloomberg writes, citing data from analytics company Vortexa. The decline in diesel and gasoil shipments was more than offset by growth in fuel oil and naphtha supplies amid the government ban on diesel fuel exports.

#diesel #oil #oilrefinery #Russia #fuel #Economy

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