Russia Bans Diesel Exports to Secure Domestic Supply Amid Refinery Attacks

Russia has implemented a ban on diesel exports, effective until July 31, in an effort to stabilize its domestic fuel market. This measure comes in response to a series of Ukrainian drone attacks targeting Russian oil refineries, which have led to significant gasoline shortages and a sharp increase in fuel prices across the country. Drivers in numerous regions are reportedly facing long queues at gas stations due to the disruptions in diesel and gasoline supply.

Deputy Prime Minister Alexander Novak acknowledged the complex fuel situation, noting public concern over the current state of gas stations. He stated that the export ban would boost domestic supply and that Russia plans to begin importing fuel in July, with reports indicating that gasoline imports from India have already commenced. Novak emphasized that the ban includes fuel producers and aims to secure the internal market.

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Today, a ban on diesel exports has been introduced, and this will allow for an increase in the supply of the domestic market.

President Vladimir Putin addressed the situation, asserting that Ukraine's attacks are intended to harm the Russian economy and sow societal anxiety. However, he expressed confidence in the resilience of Russia's energy system, describing it as among the most robust globally. Despite these assurances, the ongoing attacks and subsequent supply issues highlight the vulnerability of Russia's energy infrastructure and the government's efforts to mitigate the impact on its citizens and economy.

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But most importantly, it seeks to create a sense of anxiety in society. We all understand that this goal is unattainable. The resilience of the Russian energy system is very high, among the highest in the world.