A valve stem seal assembly for installation about a valve stem surrounded by a valve guide includes a sleeve-like elastomer body having the following four components: (1) an annular, outer, oil-sealing lip for sealingly surrounding the valve stem in the installed state of the seal assembly; (2) an annular, inner, gas-sealing lip for sealingly surrounding the valve stem in the installed state of the seal assembly; (3) a diaphragm situated axially between the oil-sealing lip and the gas-sealing li...