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A Ceasefire Nobody Has Confirmed Is Already Repricing Diesel
Washington's surprise Russia-Ukraine energy truce and its sanctions carve-out for Russian distillate have knocked crude and gasoil lower, but the barrels being priced into the market are still announcements, not deliveries — and for West Africa, the landed cost is set by freight, war risk and port queueing rather than by the Brent print.
The skinny
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