Russian government partially lifts diesel export ban following Putin-Trump agreements

MOSCOW, October 10. /TASS/. The Russian government has partially lifted the country’s ban on diesel exports following agreements reached by the presidents of Russia and the United States, Vladimir Putin and Donald Trump, the cabinet said in a statement.

"The government has decided to partially lift Russia’s ban on diesel exports. The decision is aimed at implementing the agreements reached by Russian President Vladimir Putin and US President Donald Trump. It takes effect on October 10, allowing 500,000 metric tons of diesel fuel to be supplied to the global market at this stage," the statement reads.

"Pursuant to the decision, Russian oil companies will immediately begin contracting diesel fuel supplies with foreign counterparties in coordination with the government," the cabinet added.

Deputy Prime Minister Alexander Novak stressed that the move would not affect the interests of Russian consumers.

Putin and Trump held a phone call on October 9, particularly discussing petroleum product supplies. The Russian president said that Moscow had reiterated its readiness to supply oil and petroleum products to the United States and global markets. According to Novak, Russia will lift its ban on diesel exports ahead of schedule and is ready to supply 300,000 tons of diesel in October, increasing the volume to 500,000 tons in November and 1 million tons in December. Monthly supplies could subsequently reach 3 million tons. The US administration, in turn, issued a general license authorizing Russian diesel supplies to the global market until April 7, 2027.