Russia's domestic fuel market is tense due to peak summer demand and refinery issues. Deputy PM Alexander Novak stated that a short-term ban on diesel exports for producers is being considered to boost domestic supplies, alongside proposals from President Putin.
Russian Deputy Prime Minister Alexander Novak is set to hold a meeting today to discuss the fuel market situation, including the possibility of imposing a complete ban on diesel fuel exports for producers. This follows a temporary ban on aviation kerosene exports until November 2026.
Russia has secured sufficient fuel volumes for its domestic market, according to Deputy Prime Minister Alexander Novak. The country is considering a short-term ban on diesel fuel exports for producers to ensure greater domestic supply, despite currently having a surplus.
Russia may ban diesel fuel exports for producers if necessary, Deputy Prime Minister Alexander Novak stated at the St. Petersburg International Economic Forum. He noted there is no current need for such a measure.
