Russia imposes ban on gasoline exports for producers until the end of July, IFX reports
Russia's decision to ban gasoline exports until the end of July signals a tightening of supply, potentially leading to price increases in global markets.
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Severe explosions reported in Abu Dhabi, UAE, Tasnim reports
Russia imposes ban on gasoline exports for producers until the end of July, IFX reports
[MARKET UPDATE] Spot gold continues to falter after Trump's address, within reach of USD 4550/oz vs a USD 4800/oz overnight high; lower by c. USD 200/oz on the day.
South Korean Vice Finance Minister says they are closely monitoring FX market as speculative trading is being seen; to respond sternly to excessive herd-like behaviour FX markets
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This could exacerbate existing energy inflation and impact consumer prices, especially in economies reliant on imported fuels. Traders should monitor the longer-term implications on demand dynamics and potential shifts in geopolitical relations surrounding energy exports.
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