Russia has unveiled plans to significantly cut diesel exports from its main western ports in the upcoming month, intensifying tensions in an already strained global diesel market. Traders have voiced skepticism about Russia’s ability to enforce the diesel ban starting September 21, but strict adherence through October could challenge these doubts. Consequently, European diesel prices have climbed by around USD 17 per metric ton. It’s essential to recognize Russia’s dominance as the world’s leading diesel fuel exporter, with its premium over crude oil also witnessing a significant surge.