EU Official Doubts Russian Diesel Impact on Global Prices

Kathmandu. European Union (EU) economic affairs chief Valdis Dombrovskis has said that even if the United States allows Russian diesel exports, it will not have much impact on reducing fuel prices in the global market. Fuel prices have increased significantly since the start of the Iran war.

US President Donald Trump had announced on Friday that Russia would make a large amount of diesel available in the global market after a conversation with Russian President Vladimir Putin. This step has been taken with the aim of controlling fuel prices that have risen since the war against Iran began on February 28.