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    Home > Finance > Russia plans partial diesel export ban till year-end, little impact seen, traders say
    Finance

    Russia plans partial diesel export ban till year-end, little impact seen, traders say

    Published by Global Banking & Finance Review®

    Posted on September 26, 2025

    2 min read

    Last updated: January 21, 2026

    Russia plans partial diesel export ban till year-end, little impact seen, traders say - Finance news and analysis from Global Banking & Finance Review
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    Tags:oil and gasInternational tradeenergy marketfinancial markets

    Quick Summary

    Russia's partial diesel export ban targets non-producers, with minimal impact expected on overall exports. Major pipeline shipments remain unaffected.

    Russia Implements Partial Diesel Export Ban Amid Supply Shortages

    MOSCOW (Reuters) -Russia is set to introduce a partial ban on diesel exports until the end of the year to tackle shortages following a spate of Ukrainian drone attacks on Russian refineries but traders said they expected the measure to have little impact on fuel flows.

    Russia's restrictions will only be applied to exporters who do not produce the fuel and whose share of exports is small.

    Around three-quarters of diesel exports are shipped by producers via the North and South pipelines which lead, respectively, to Baltic and Black Sea ports. Those volumes will not be limited.

    Diesel from non-producers is supplied mainly by rail to Central Asian countries, which also have intergovernmental agreements with Russia on fuel shipments, and these exports are also exempt from the new restrictions.

    Russia also plans to extend the current gasoline export ban until the end of the year, restricting the export of oil products in order to curb fuel shortages in several regions.

    According to industry sources, Russia produced almost 86 million metric tons of diesel in 2024 and exported some 31 million tons.

    Russia has already introduced a prohibitive export tariff for non-producers of the fuel of 50,000 roubles ($598) per ton, which worsened the margin for traders and led to a decrease in supplies.

    The wholesale price of diesel stands at around 70,000 roubles per ton on the St Petersburg exchange.

    "According to analysts' estimates, the decline in Russia's diesel exports may reach 0-2%, and the number will be closer to zero," said a trader who declined to be named due to the sensitivity of the matter.

    "The ban will not result in any influx of diesel fuel into the domestic market," another trading source said.

    ($1 = 83.5500 roubles)

    (Reporting by Reuters)

    Key Takeaways

    • •Russia implements a partial diesel export ban until year-end.
    • •The ban targets non-producer exporters with small market shares.
    • •Major diesel exports via pipelines remain unaffected.
    • •Gasoline export ban extended to curb regional shortages.
    • •Traders expect minimal impact on overall diesel exports.

    Frequently Asked Questions about Russia plans partial diesel export ban till year-end, little impact seen, traders say

    1What is the reason behind Russia's diesel export ban?

    Russia plans to introduce a partial ban on diesel exports to tackle shortages caused by Ukrainian drone attacks on Russian refineries.

    2Who will be affected by the diesel export restrictions?

    The restrictions will apply to exporters who do not produce diesel and have a small share of exports, while producers will not be limited.

    3What is the expected impact on diesel exports?

    Analysts estimate that the decline in Russia's diesel exports may reach 0-2%, with some traders suggesting the impact will be closer to zero.

    4How has the export tariff affected traders?

    A prohibitive export tariff of 50,000 roubles per ton for non-producers has worsened margins for traders and led to a decrease in supplies.

    5What is the current wholesale price of diesel in Russia?

    The wholesale price of diesel stands at around 70,000 roubles per ton on the St Petersburg exchange.

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