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05 Jul
19:32

US tube players downplay increased Russian petro duties

President Joe Biden issued a proclamation on 27 June for certain oil and gas goods from Russia and Belarus in accordance with his earlier Suspension of Normal Trade Relations with Russia and Belarus Act, Kallanish reports. The proclamation adds Belarus to so-called column two duties and increases the duties on several goods from both countries. The president initially prohibited the importation of Russian crude oil, petroleum, petroleum fuels­­ and produ…
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