Russia's government has extended its ban on diesel, gasoline, marine fuel, and gas oil exports through January 31, 2027, pushing the restriction roughly six months further. Ukrainian drone strikes keep knocking Russian refineries offline, and the extended ban is already pushing European diesel margins to historic highs.
Russia's government announced on July 30 that it will extend its ban on diesel exports through January 31, 2027, a move designed to keep domestic fuel flowing while refinery disruptions continue. The restriction also covers gasoline, marine fuel, and gas oils.
The full export ban on diesel for producers kicked in on July 8, 2026, and the latest extension pushes the restrictions roughly six months further, through the end of January 2027. However, starting September 1, producers will receive exemptions allowing them to resume some diesel and related product exports, though gasoline restrictions stay tighter for all parties involved.
Humanitarian aid shipments and deliveries tied to intergovernmental agreements are carved out from the ban entirely. There is also a temporary policy ensuring fuel access for farmers during the harvest season, running through November 1, 2026, with public institutions receiving similar protections. Deputy Prime Minister Alexander Novak has said publicly that Russia currently faces no diesel shortage domestically.
Ukraine has launched multiple drone strikes targeting Russian oil refining infrastructure, and a number of major facilities have been incapacitated or forced to reduce output. Russian diesel and gas oil loadings dropped to approximately 234,000 barrels per day in early July 2026.
With one of the continent's largest diesel suppliers effectively pulling product off the international market, European diesel margins have climbed to historic highs.
Source: Crypto Briefing
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