Russia partially lifts ban on diesel exports after Trump-Putin deal
Effective Oct. 10, the Russian government will permit the sale of 500,000 tons of diesel to foreign markets. Moscow previously banned diesel exports in July in response to Ukrainian strikes.
Russia has partially lifted its ban on diesel fuel exports, following a deal between Russian President Vladimir Putin and U.S. President Donald Trump, according to Russian state news agency TASS. The move allows Moscow to export 500,000 tons of diesel to foreign markets, including the U.S., despite sanctions imposed due to Russia's full-scale invasion of Ukraine.
The decision took effect on October 10, 2023. Russian oil companies will immediately begin contracting for the sale of diesel fuel to foreign markets upon the Kremlin's approval. Russia imposed the diesel export ban in July 2023 after Ukrainian strikes crippled the country's fuel supply. In response to the deal, the Russian government claimed that the easing of the export ban would not affect consumers in Russia, as domestic diesel production is sufficient to meet both domestic and global market demands.
The U.S. had not imported Russian fuel products since March 2022, following Russia's invasion of Ukraine, although the Biden administration had previously eased sanctions on Russian oil.
Written by urgent.news from Kyiv Independent's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
