Russia's Diesel Exports to Hit Lowest Levels Amid Ukraine Conflict

Amid ongoing conflict in Ukraine, Russia has announced plans to reduce daily diesel exports from key western ports in April to the lowest in five months. This decision comes in the wake of Ukrainian drone attacks on refineries and seasonal maintenance that sharply lowered crude processing rates. Diesel loadings from Russia's major ports on the Black and Baltic Seas, including volumes originating in Belarus, are set to fall to around 2.29 million tons this month, according to industry data from Bloomberg.