Automotive Industry Digest

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PRA comments on the European Unions ban on Russian exports

The oil industry’s move to voluntarily embargo Russian diesel ahead of a full phasing out by the end of 2022 is the right decision. However, this in tandem with a pending European Union ban on Russian exports is expected to further tighten global supplies and consumers will start to notice higher pump prices,” said Gordon Balmer, Executive Director of the Petrol Retailers Association.

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