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Chris Wright Says Diesel Exports From Arabian Gulf Likely to Increase

visibility comment0 event October 28, 2026 timer 16:03

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Energy Secretary Chris Wright said that he expects diesel prices to be ‘dropped significantly’ but will need increased exports out of the Arabian Gulf to manage it amid the ongoing war with Iran. Wright also Russia’s diesel output, saying that the only way Russia can benefit from recently permitted exports of diesel is to deliver a ceasefire on energy or end the war.
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