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.
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(Bloomberg) Russian seaborne coal exports were effectively halted by a European Union ban on entities within the 27-nation bloc servicing shipments of the fuel to anywhere in the world. Suek.
Amidst Western sanctions against Moscow following its invasion of Ukraine, China's coal purchases from Russia hit a five-year high in July, surging 14 percent from last year