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Russia Bans Diesel Exports, Assuring Even Higher Prices

Russia Bans Diesel Exports, Assuring Even Higher Prices As was widely speculated in recent days, Russia banned exports of diesel in order to avoid domestic shortages after a flurry of attacks by Ukrainian drones on the nation’s refineries. “Today we introduced ban on exports of diesel,” Deputy Prime Minister Alexander Novak said at the government’s meeting with President Vladimir Putin. The decision will further squeeze global fuel markets, which are already under pressure due to the supply disruption caused by the Iran war. Russia's decision means that the recent surge in the...
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Mar 17, 2026 / Tyler Durden
Futures Rebound From Overnight Selling To Trade At Session Highs Amid Constant Iran Newsflow
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Jun 5, 2026 / Tyler Durden
US Military Shoots Down Inbound Iranian Attack Drones Over Hormuz, Bombs Coastal Sites
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Jul 6, 2026 / Tyler Durden
Russia & Ukraine Trade Some Of Biggest Strikes Of War On Eve Of NATO Summit
Russia & Ukraine Trade Some Of Biggest Strikes Of War On Eve Of NATO Summit Russia has unleashed another massive drone and missile attack wave on Ukraine's capital, just on the eve of the major annual NATO summit, which is in Ankara, Turkey this week. Over a dozen people were killed, with heavy damage against residential structures observed. The death toll could rise, but "In total, 14 people have died and 117 have been injured in Kyiv," the office of the attorney general said on Monday morning. Rescue crews have been...
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