Russia is considering a multi-month diesel export ban on fuel producers, TASS quoted Deputy Prime Minister Novak as saying on Friday. Ukraine says its long-range drone strikes on Russian energy facilities aim to weaken a key military funding source and push the conflict onto Russian territory; President Putin said attacks on civilian infrastructure are intended to foment internal discord. Russian diesel output fell about 10% in May, but exports were little changed as traders rushed to profit fro

2026-06-26

Russia is considering a multi-month diesel export ban on fuel producers, TASS quoted Deputy Prime Minister Novak as saying on Friday. Ukraine says its long-range drone strikes on Russian energy facilities aim to weaken a key military funding source and push the conflict onto Russian territory; President Putin said attacks on civilian infrastructure are intended to foment internal discord. Russian diesel output fell about 10% in May, but exports were little changed as traders rushed to profit from fuel-price spikes amid US–Israel–Iran tensions. Turkey and Brazil led May purchases, taking most available spot cargoes.