Russia Ends Export Ban on Low-Quality Diesel and Fuel, UK Intelligence Analyzes Potential "Petrol Crisis"

Russia has lifted the temporary ban on low-quality diesel and marine fuel exports, which was implemented to stabilize fuel prices in the domestic market. The ban on all types of gasoline and higher-quality diesel remains in place. The government exempted fuel already accepted for export before the ban came into effect. Analysts believe the ban may not last long, as Russia may not want to close refineries' fuel processing capacities due to export restrictions. The lifting of the ban could alleviate tightness in the global diesel market.