Russia's government lifts ban on most of its diesel exports

Russia's government on Friday said it had withdrawn a ban on diesel exports delivered to sea ports via pipelines, removing a large chunk of restrictions it put in place last month.

The Kremlin said in a statement that it had "lifted restrictions on the export of diesel fuel delivered to seaports by pipeline, provided that the manufacturer supplies at least 50% of the diesel fuel produced to the domestic market," according to a Google translation.

This is a breaking news story, and it is being updated.