
The measure will affect direct fuel producers
AI-generated summary
A general ban on fuel exports is in effect in Russia in order to stabilize the domestic market due to attacks on refineries.
Russian authorities have extended a temporary ban on the export of two types of fuel from the country. This is reported on the website of the Russian government.
We are talking about diesel and marine fuels. The measure will be in force until October 31, 2026 inclusive, as specified in the message of the Cabinet of Ministers.
The restrictions will affect direct fuel producers, the press release clarifies. The export of gas oils was also subject to a temporary ban.
A general ban on fuel exports is in effect in Russia until the end of January next year. The measure was introduced to stabilize the situation in the domestic market. Increasing attacks by the Armed Forces of Ukraine (AFU) on large oil refineries have limited the supply of fuel to the domestic market.
AI outlook — possibilities, not facts
The ban on fuel exports will last until October 31, 2026.
Very likely · Within months

FAS Russia opened 58 cases and issued 91 warnings to participants in the fuel market due to violations of the law on the protection of competition. Deputy Prime Minister Alexander Novak ordered strengthening control over fuel pricing.

The English investment company Park Bench acquired the French football club Bordeaux for one euro with the condition of accepting debts that would be reduced from 26 to 13 million euros.

Oil shipments from the Middle East have recovered to 98% of pre-war levels, reaching 17.5 million barrels per day, according to JPMorgan data cited by Bloomberg, despite ongoing regional conflicts.

Ukrainian Economy Minister Alexander Kravchenko said that every hour of an air raid costs the country's economy $45 million due to business shutdowns and workers sheltering in bunkers.

At the end of August, the average term of a consumer loan in Russia increased to 17.8 months, increasing in annual terms by 27.2 percent. The figure has been growing for the fourth month in a row and is the highest since the beginning of 2024.

Turkey's August exports rose 8.1% year-on-year to $23.4 billion, while imports increased 10.5% to $28.7 billion. Faster import growth widened the foreign trade deficit by 22.3% to $5.2 billion.