Russia prolongs diesel export ban

The Russian government has decided to extend the diesel export ban until September 30, in order to ensure stability in the domestic fuel market. This measure comes amid escalating Ukrainian attacks on Russian refining facilities, with Ukraine launching at least 21 attacks on Russian fuel facilities in August alone, the highest rate since the start of the war in February 2022. As a result of these attacks, Russia is imposing restrictions on diesel exports, which previously accounted for about 10% of the global market supply before the escalation. This could further strain global supplies, especially amid the gasoline shortage crisis and deteriorating conditions in the Middle East. Currently, the ban covers shipments under international agreements and humanitarian aid, aiming to support the stability of the local market amid increasing tensions.

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