Russia Extends Diesel and Gasoline Export Bans Into 2027

Russia has extended restrictions on gasoline and diesel exports through January 31, 2027, just five days after saying the diesel ban would disappear once its domestic fuel market recovered. Recovery, it seems, has been rescheduled. Moscow first banned diesel exports from July 8 through July 31 after repeated Ukrainian drone attacks knocked refineries offline, triggering fuel shortages and price spikes across Russia. Gasoline and jet fuel exports were already restricted. The new order covers gasoline, diesel, marine fuel, and gas oils. Beginning…