Russia cuts diesel exportscuts diesel exports to deal fresh blow to strained energy market
Russia restricted its diesel exports starting July 1, cutting shipments from 400,000 barrels per day in June to 234,000 barrels by July 10 according to Kpler data.
This reduction deepens the global supply crunch as prices surge and shortages emerge across European and US markets. The ban matters because it threatens to worsen energy market strains amid existing tensions and fuel competition worldwide.
- Russia's average diesel exports in 2025 were 817,000 barrels per day, making the current drop to 234,000 barrels a 71% reduction from historical norms.
- The diesel export ban was introduced during a period when Middle East tensions and fuel competition were already straining global energy markets.
- European gasoil futures surged immediately after the ban announcement, reflecting immediate concerns about supply availability in the region.
