Russia Weighs Partial Lifting of Diesel Export Ban in Case of Surplus

Russian Deputy Prime Minister Alexander Novak said Moscow will consider partially reopening diesel exports in the event of overproduction, amid ongoing drone strikes.

Russia will consider a partial lifting of its ban on diesel exports if overproduction occurs, Russian Deputy Prime Minister Alexander Novak said, according to reports by The Moscow Times and news agency Interfax.

According to Novak, Russia's domestic diesel market is currently balanced, and a partial resumption of exports will be examined only if excess supply emerges. At the same time, The Moscow Times reported that Novak noted the situation remains "tense" regarding Ukrainian drone attacks on the country's energy infrastructure.

Further details regarding the criteria for any easing and a timeline for a decision have not yet been released.