Russia Begins Fuel Imports and Bans Diesel Exports to Ease Domestic Supply Crunch

Russia has begun importing petroleum products from foreign suppliers while introducing a ban on diesel exports as part of a package of measures aimed at stabilizing the domestic fuel market, Deputy Prime Minister Alexander Novak announced during a government meeting chaired by President Vladimir Putin. Russia Begins Fuel Imports to Support Domestic Supply According to Novak, imported petroleum products will begin arriving in July. "In July, we are also beginning imports of petroleum products while further increasing production volumes by manufacturing additional fuel that meets lower environmental standards," Novak said.