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macroJun 28, 2026, 5:43 PM

Putin: Russia Still Faces Fuel Shortages, Diesel Export Ban Under Consideration

President Putin says Russia still faces fuel shortages with queues at gas stations, and a diesel export ban is under consideration to stabilize domestic supplies.

President Vladimir Putin acknowledged that Russia is still experiencing fuel shortages, with persistent queues at gas stations. To address the issue, the government is considering a ban on diesel exports to stabilize domestic supply.

Officials have warned that such a ban could create oversupply problems for refiners. The Kremlin plans to review the situation later this week.

Source: First Squawk