Russia Bans Diesel Exports Amid Drone Attacks and Fuel Shortages
Translated from Chinese, summarized and contextualized by DistantNews.
At a glance
- Russia banned diesel exports to stabilize its domestic fuel market amid Ukrainian drone attacks on refineries.
- The ban aims to increase domestic supply and ease long queues at gas stations.
- President Putin accused Ukraine of trying to destabilize the economy and create social anxiety.
Russia has banned diesel exports, a move aimed at stabilizing its domestic fuel market following escalating Ukrainian drone attacks on its oil refineries. The government announced the ban on Sunday as part of measures to address fuel shortages and soaring prices that have led to long queues at gas stations across the country.
Deputy Prime Minister Alexander Novak stated during a government meeting chaired by President Vladimir Putin that the fuel supply situation remains complex. "The situation at gas stations is clearly causing public concern," Novak said, adding that the diesel export ban, effective immediately, would help boost domestic supply. Russia had already begun importing fuel in July, with reports of gasoline being brought in from India via sea.
The situation at gas stations is clearly causing public concern.
The export ban applies to all entities, including producers, and will remain in effect until July 31. However, supplies under existing government agreements, such as with Mongolia, will be exempt. President Putin asserted that Ukraine's actions are intended to disrupt Russia's economy and create social anxiety, though he expressed confidence in the resilience of Russia's power system.
Ukraine, meanwhile, stated that its attacks on Russian fuel facilities aim to limit Moscow's war-fighting capabilities and compel peace negotiations. Data shows a significant drop in Russia's seaborne diesel and gasoil exports in June, falling 39% from the previous month to approximately 1.8 million tonnes. Analysts noted that Russia had effectively implemented an undeclared export ban earlier, with further declines expected in July.
But more importantly, it (Ukraine) is trying to create anxiety in society. We all understand that this goal cannot be achieved.
Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.