Russia prepares to extend diesel export ban through September, possibly into 2026

Russia is preparing to extend its diesel export ban through at least September, while discussions are underway to continue the restriction through the end of 2026. The measure, first imposed on July 8 and initially set to expire at the end of that month, has been extended repeatedly as Ukrainian drone strikes disrupt refinery operations. Diesel and gasoil loadings averaged about 234,000 barrels per day in early July 2026, down from 400,000 bpd in June and roughly one-quarter of Russia's approximately 817,000 bpd of exports in 2025. Strikes on Aug. 24-25 halted operations at the Novoshakhtinsk and Afipsky refineries, which were expected to help restore domestic supplies. Motor gasoline exports are banned through Jan. 31, 2027, while jet fuel shipments are restricted through the end of November 2026. The Russian government says there is no domestic diesel shortage, but shortages resurfaced in some regions in August after a brief improvement in late July. Deputy Prime Minister Alexander Novak has said the diesel ban could be lifted as early as September if supplies improve, while warning that prolonged restrictions could create refinery gluts and storage problems if consumption fails to keep pace with production. The Energy Ministry has not publicly commented on the latest extension reports.

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