Russia Bans Diesel Exports After Ukrainian Refinery Attacks, Citing Domestic Fuel Security

Russia announces a ban on diesel exports following attacks on Ukrainian refineries. The decision by the Russian Ministry of Energy cites the need to protect domestic fuel stability. The move follows similar export controls on gasoline.

Diesel supplies within Russia are redirected to meet internal demand as Ukrainian refinery disruptions reduce regional fuel flow, officials say domestic prices should stay stable, avoiding inflationary pressure on households. This aims to keep fuel availability steady for transport and industry.

Export markets that relied on Russian diesel face tighter availability, analysts warn of rising prices and higher logistical costs as shipping firms may need to reroute cargoes to Europe and Asia. Supply tightening could push European diesel benchmarks higher.

International buyers are expected to adjust contracts, seek alternative sources, and some nations are reviewing strategic petroleum reserves to cushion domestic supply. Negotiations include talks with Middle Eastern exporters to fill gaps.