Chris Wright Says Diesel Exports From Arabian Gulf Likely to Increase

Chris Wright, U.S. Energy Secretary, stated that diesel exports from the Arabian Gulf are likely to increase and that he expects diesel prices to decline significantly. Wright said increased exports from the region would be necessary to achieve the price reductions. He also commented on Russian diesel output, saying Russia can only benefit from recently permitted diesel exports if it agrees to a ceasefire on energy or ends the war.

• Bloomberg — Chris Wright Says Diesel Exports From Arabian Gulf Likely to Increase

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