Russia bans diesel exports to ensure domestic supply after targeted Ukrainian drone strikes
The move will divert more fuel to Russian drivers as Ukrainian strikes cut refinery output and push diesel prices higher worldwide.
- Today, Russia implemented a ban on diesel exports lasting until July 31, aiming to stabilize the domestic fuel market following systematic Ukrainian drone attacks on oil refineries.
- Intensifying Ukrainian strikes on Russian energy infrastructure have squeezed diesel and gasoline supplies, forcing drivers in many regions to face hours-long lines at filling stations.
- Seaborne diesel and gasoil exports plunged 39% last month to around 1.8 million metric tons, while Benchmark European diesel margins rose to a record $60.17 per barrel.
- Deputy Prime Minister Alexander Novak stated the ban aims to increase domestic supplies, adding that Russia will begin importing fuel in July as the situation remains complex.
- Turkey and Brazil absorbed at least half of available cargoes last month, while Morocco, Egypt, and Senegal also emerged as major importers of Russian diesel before the restrictions.
157 Articles
157 Articles
Moscow's stop at export due to Ukrainian raids affects the price of refined fuels
Ukraine attacked Russian oil depots in the west on Thursday (July 9) and set two oil tankers on fire in the Sea of Azov.
Russia Suspends Diesel Exports Amid Ukrainian Drone Strikes on Fuel Infrastructure
Moscow has introduced a temporary ban on the export of diesel and other fuel to ensure adequate domestic supply, amid ongoing drone strikes from Ukraine on Russian energy infrastructure. The Russian government said in a July 8 statement it had issued a ban on the export of diesel, marine fuel, and similar products until July 31. “The decision was made to maintain stability in the domestic fuel market. The restrictions will not apply to diesel fu…
The Russian refineries are being shut down one by one. This is hitting Russia hard: Repairs will be long and difficult. Meanwhile, the problems for the regime are increasing.
Ukraine drones hit Russia's oil supply: Kremlin imposes diesel export ban – and now has to import fuel from Asia.
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