Russian Deputy Prime Minister Novak said Russia does not need to ban diesel exports.

Fuxin Technology said on June 28 that an online article purporting to be the full text of sales executive Zhou Zhiqi’s speech is fabricated and does not represent the company. Zhou’s presentation at the CFCF2026 Optical Connectivity Conference on June 27 in Suzhou, titled Breaking the Deadlock and Reshaping: Micro-TEC Domesticization Wave, only described company products and technology. The company said its Micro-TEC products use bismuth telluride materials that do not require 6N-grade or higher tellurium or bismuth raw materials, it has not recently added major telecommunications customers nor secured any large new orders, and industry peers likewise do not require 6N-grade raw materials for bismuth telluride.

Deputy Prime Minister Novak said Russia has decided to cut the mandatory share of gasoline sales required to be traded on exchanges from 15% to 10% and to cap allowable price volatility.