Decision to ban gasoline exports for Russian producers from April 1st for 6 months has been made, Tass reports

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Decision to ban gasoline exports for Russian producers from April 1st for 6 months has been made, Tass reports

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Context

The decision to ban gasoline exports from Russian producers will likely tighten global supplies amid already elevated tensions. This move could lead to higher prices for gasoline and WTI, impacting inflation and potentially strengthening the USD against other currencies. Traders should monitor the reaction in energy markets and the broader geopolitical landscape, as this ban could escalate further supply chain disruptions.

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