Russia Ready to Start Diesel Exports at Any Time: Novak

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Russian oil companies are ready to immediately start diesel shipments to global markets, with preparations for all necessary procedures taking two to three weeks, Deputy Prime Minister Alexander Novak announced at the Russian Energy Week.

"Our companies are ready for shipments immediately, at any moment," he stated, emphasizing that negotiations on commercial terms have already begun.

• Earlier, U.S. President Donald Trump announced the lifting of sanctions on Russian diesel fuel. He plans to use Russian diesel deliveries to curb price increases ahead of the congressional elections.