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Iran Conflict 2026
5MAR

Novak lifts Russian diesel export curbs

3 min read
09:10UTC

Alexander Novak said Russia would end its diesel export ban early and ramp exports to 3 million tonnes a month, eleven days after Moscow extended the ban.

ConflictDeveloping
Key takeaway

Moscow scrapped a diesel export ban it had extended eleven days earlier.

Russian Deputy Prime Minister Alexander Novak said on 10 October that Russia would lift its diesel export restrictions early, with the home market "fully supplied"⁠1. He set exports at 300,000 tonnes in October, up to 500,000 in November and up to 1 million in December, then up to 3 million tonnes a month.

Eleven days earlier the government had done the opposite. On 29 September it rolled the ban on diesel exports by producers on to 31 October, citing a stable domestic fuel market and the autumn harvest⁠2. That roll-over followed an August extension to the end of September, and Novak himself had ordered a study in July into cutting the diesel export quota.

Putin said in late September, Interfax reported, that diesel would not return to world markets while Western sanctions stood. Within a fortnight Moscow had reversed, in effect supplying its half of the 9 October Trump-Putin call. Trump's own account on Truth Social, as paraphrased by Reuters, set out the same monthly steps and tied the top volume to the state of Russian refineries⁠3. That condition hands the schedule to the plants Ukraine's drones have spent the year hitting.

Deep Analysis

In plain English

Russia makes more diesel than it uses at home. Over the summer Ukrainian drones damaged its refineries, and fuel ran short in some regions, so the government stopped producers from selling diesel abroad. On 29 September the government kept that ban until 31 October. On 10 October it changed course. Alexander Novak, a deputy prime minister, said the home market had enough fuel and exports would restart, growing month by month. The change came a day after Presidents Putin and Trump spoke by phone and the US opened its market to Russian diesel.

Deep Analysis
Root Causes

Moscow imposed the diesel export ban to protect fuel supply at home. It started as a fixed decree on 8 July that for the first time bound producers as well as traders , after Ukrainian strikes on refineries cut supply.

The ban has a cost. Diesel is the product Russian refineries make in surplus, so a long ban builds stocks, presses margins and denies the state the export duties and taxes that come with foreign sales.

The July study Novak ordered into cutting the mandatory exchange-sale quota shows the government was already looking for ways to move fuel without a formal market. A US licence on 9 October gave Moscow a buyer and a political reason to reopen at once.

What could happen next?
  • Consequence

    Russia earns export duty and hard currency from diesel again, partly offsetting the oil and gas revenue shortfall in its 2026 budget.

  • Risk

    Renewed refinery strikes could force Moscow to choose between its export promise to Washington and supply to its own regions.

First Reported In

Update #28 · US licenses Russian diesel and turns on Kyiv

The Moscow Times· 12 Oct 2026
Read original →
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Written with AI from Lowdown's published reporting. Not individually reviewed by an editor. Editorial standards.