Russia Bans Diesel Exports as Fuel Crisis Deepens

Russia imposed a temporary ban on diesel exports on Wednesday in an effort to stabilize the domestic fuel market, following continued Ukrainian drone attacks on Russian oil refineries.

The emergency measure applies to all producers until 31 July. The attacks have caused severe fuel shortages and sharp rises in fuel prices in many regions, forcing drivers to wait in hour-long lines at gas stations.

Deputy Prime Minister Alexander Novak acknowledged the difficult situation during a cabinet meeting and said Russia would begin importing fuel in July.

The export ban had an immediate impact on global markets, with European crude oil margins rising to a record $60.17 per barrel. According to shipping data, Russian exports of marine diesel and gas oil fell 39% in June from the previous month. Total exports stood at 1.8 million metric tons, down from 3.35 million metric tons in June 2025.

Turkey and Brazil remained the main buyers of Russian oil last month, accounting for at least half of total exports. Other major importers in June included Morocco, Egypt and Senegal.

(Reuters, Max)