Daily Memo: Russia’s Fuel Controls, Germany’s Industrial Orders

Moscow introduced new measures to stabilize domestic fuel prices.

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Russian controls. Moscow on Friday introduced measures designed to stabilize the domestic fuel market. Most notably, the government partially lifted last month’s ban on diesel fuel exports, though it will require producers to keep at least 50 percent of their production for the domestic market. It will also provide subsidies, known as “damper payments,” to […]

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