Refinery Disruptions Force Parliament to Prioritize Domestic Market
The Russian government is considering a total ban on diesel exports to stabilize its domestic fuel market. Recent Ukrainian drone strikes have taken substantial Russian oil refining capacity offline, leading to localized fuel shortages and price spikes. The Russian parliament has already approved tax adjustments to subsidize fuel imports and encourage local production.
Diesel Curbs Follow Extended Gasoline and Jet Fuel Export Bans
The proposed diesel ban follows temporary restrictions introduced in late 2025 and January 2026. Russia has already banned gasoline and jet fuel exports, with the jet fuel ban extended through November 30, 2026. If implemented, a complete halt in Russian diesel exports is expected to tighten global fuel markets, particularly in Europe and parts of South America.
