Russia Imposes Full Ban on Diesel Exports Amidst Domestic Shortages and Geopolitical Tensions

Moscow. Russia has imposed a complete ban on diesel exports. Russia has imposed a complete ban on diesel exports amidst a severe fuel shortage across the country following continuous drone attacks by Ukraine on Russian oil refining centers. Meanwhile, further instability has been observed in the global energy market due to rising tensions in the Strait of Hormuz.

Russian Deputy Prime Minister Alexander Novak announced the decision to completely ban diesel exports in a televised meeting with President Vladimir Putin, stating that the objective is to ensure sufficient supply in the domestic market.