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Russia's Putin acknowledges fuel shortages, task force set up to ensure supplies

Published by Global Banking & Finance Review

Posted on June 28, 2026

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· Last updated: June 28, 2026

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Russia's Putin acknowledges fuel shortages, task force set up to ensure supplies

Putin Addresses Fuel Supply Crisis and Government Response

June 28 (Reuters) - President Vladimir Putin acknowledged on Sunday that fuel supply problems had created shortages in Russian regions and a task force was working on ensuring sufficient quantities were provided throughout the country.

Government Meeting on Fuel Supply and Distribution

Putin, addressing a meeting of senior officials on fuel supply and distribution, said Russia had to minimize the effects of Ukrainian drone strikes on oil installations linked to the shortages.

Measures to Support Key Sectors

He called for measures to ensure supplies for the farm sector and said a ban on diesel exports was under consideration.

Impact on Drivers and Businesses

"You are well aware that problems for drivers and for businesses persist," Putin told the meeting, according to accounts published by Russian news agencies. "Unfortunately, there are still queues at gas stations too."

He added: "We have to reduce to a minimum the impact of terrorist attacks on our civilian targets and infrastructure."

Ukrainian Attacks and Their Effects on Russian Oil Sector

Ukraine has stepped up medium and long-range attacks on industrial targets in Russia and Russian-controlled territories inside Ukraine, focusing mainly on the oil sector.

Fuel Reserves, Export Ban Considerations, and Official Statements

Putin said gasoline reserves were being used and now stood at 1.7 million metric tons and that July production levels should exceed those recorded in June. He said a ban on diesel exports, under discussion for some time, was being considered.

"The need to introduce a complete ban on the export of diesel fuel is being considered," he told participants.

Russian Deputy Prime Minister Alexander Novak had earlier said there was no need for Russia to ban diesel exports, Interfax news agency reported.

Task Force Efforts and Systemic Measures

A task force on fuel supplies was working round the clock, Putin said, adding the situation required "systemic measures that match the scale of current challenges" to increase supply and keep prices at a reasonable level.

Ensuring Agricultural Fuel Supplies

Supplying agriculture, he said, was particularly important.

"We need to make every effort to ensure that all seasonal fuel supply schedules are maintained for agro-industrial enterprises, because the harvest depends on it," Putin said.

(Reporting by Reuters; Editing by Edmund Klamann and Chris Reese)

Key Takeaways

  • Widespread shortages triggered by Ukrainian drone strikes have disrupted about 20–25% of Russia’s refining capacity, affecting over 50 regions with rationing and spiking prices (russiamatters.org)
  • A task force under Russian Railways has been created to improve fuel logistics, while authorities are weighing a full diesel export ban and boosting refining throughput to stabilize supply (themoscowtimes.com)
  • In response, Russia is reducing crude exports to prioritize domestic refinery operations; importing gasoline from Asia; and focusing on agriculture and transport sectors, particularly Crimea, to avoid economic disruption (kitco.com)

References

Frequently Asked Questions

What fuel shortages has Russia experienced recently?
President Vladimir Putin acknowledged that Russian regions have faced fuel supply problems and shortages.
What measures is Russia taking to resolve fuel supply issues?
A task force has been set up to ensure sufficient quantities of fuel are provided throughout the country, with attention to the farm sector.
Is Russia considering a ban on diesel exports?
Yes, President Putin mentioned that a ban on diesel exports is under consideration to address the shortages.
Who is overseeing the response to Russia's fuel shortages?
President Vladimir Putin and senior officials discussed the issue and directed efforts to resolve the situation.

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