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Russia Extends Diesel and Gasoline Export Bans Into 2027
['Julianne Geiger', 'Julianne Geiger Is A Veteran Energy Journalist', 'Market Analyst With More Than A Decade Of Experience Covering The Global Oil', 'Gas Sector. Her', 'More Info']
Oilprice.com
Russia has extended restrictions on gasoline and diesel exports through January 31, 2027, just five days after saying the diesel ban would disappear once its domestic fuel market recovered.
The new order covers gasoline, diesel, marine fuel, and gas oils.
Another measure is aimed at securing gasoline and diesel supplies for state and local institutions.
That is a lot of government intervention for a fuel market that was supposedly on the mend.
The extension arrives as the global diesel market is already running short.