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Russia extends its gasoline and diesel export bans to 31 January 2027

31 July 2026 · 2 months ago

The Russian government said in a statement on Thursday, 30 July 2026, that it has extended its bans on gasoline and diesel exports until 31 January 2027. Under the signed decree the ban takes effect on 1 August 2026 and covers gasoline, diesel, marine fuel and gasoil. The decision came just five days after Russian officials had said the diesel ban would be lifted once the domestic fuel market recovered.

Moscow first banned diesel exports from 8 to 31 July, after repeated Ukrainian drone attacks knocked refineries offline and triggered fuel shortages and price spikes across Russia. Under the new decree, from 1 September Russian producers will again be permitted to export diesel, marine fuel and gasoil, but other exporters remain locked out and the gasoline restrictions stay in place. Shipments under intergovernmental agreements or as humanitarian aid continue, and a separate mechanism running to 1 November secures fuel for farmers during the harvest season.

Deputy Prime Minister Alexander Novak said last weekend that several refineries had restarted and that conditions at filling stations had improved considerably, while acknowledging that some regions, particularly in Siberia, were still struggling. The extension lands while the global diesel market is already short: Goldman Sachs estimates global diesel exports fell 35 percent in July, roughly 2.6 million barrels per day. Russia has been one of the world's largest diesel exporters, and every barrel kept at home tightens supply further for buyers already facing reduced volumes from West Asia.

Source:OilpriceThe source text

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