The nation is already capable of supplying over 1 million tons of fuel to the global market per month, the news agency has said<\/p>\n
Russia has significantly increased production of diesel in the wake of an agreement reached between Russian President Vladimir Putin and his American counterpart Donald Trump, Reuters has reported, citing industry sources.
\nDaily output rose from 160,000 tons in early October to 180,000 tons after the Russian government introduced new export quotas in mid-month, the agency said. Moscow has eased its restrictions on diesel exports, allowing Russian companies to ship up to 500,000 tons of fuel to international markets in October while ensuring domestic demand remains fully covered.
\nExports of diesel, marine fuel, and gas oil had previously been banned until October 31 as the government sought to stabilize the domestic market, which had been suffering from increased seasonal demand linked to the harvest season.<\/p>\n
Read more<\/p>\n
Russia-US diesel deal already having positive effect \u2013 Putin aide to RT (VIDEO)<\/p>\n
According to the sources cited by Reuters, domestic demand in Russia is now expected to fall to about 140,000 tons per day as the harvest campaign is largely over. This would free up as much as 40,000 tons of diesel per day or more than 1 million tons per month for export, according to the news agency\u2019s estimates. Between 0.2 and 0.3 million tons are likely to be purchased by Russia\u2019s neighbors, the sources said.
\nTrump and Putin agreed on diesel supplies during a phone call on October 9. Following the conversation, the US president announced that Russia would immediately supply more than 300,000 tons of diesel, followed by 500,000 tons in November, another million tons shortly thereafter, and potentially further shipments depending on refining capacity. Washington subsequently issued a temporary sanctions waiver permitting Russian diesel imports, reversing restrictions introduced under former US President Joe Biden in 2022.<\/p>\n
Read more<\/p>\n
Trump lifted Russian fuel ban after Zelensky rejected his demands \u2013 Axios<\/p>\n
Last week, Deputy Prime Minister Alexander Novak noted that Moscow had already dispatched three tankers carrying diesel to the US under the agreement. He also announced that Russia would \u201censure additional supplies of diesel fuel to world markets and the United States\u201d to help ease the global diesel shortage. Deliveries would continue on a regular basis, Kremlin spokesman Dmitry Peskov also said at the time.
\nThe diesel deal provoked tensions between Washington and Kiev. Trump has repeatedly urged Ukraine\u2019s Vladimir Zelensky to stop attacking Russian refineries, accusing Kiev of exacerbating the worldwide diesel shortage and hurting American consumers and farmers hit by high fuel prices.
\nZelensky hit back by blasting Trump\u2019s claims as \u201ctotally false\u201d and accusing the American leader of \u201cdeflecting the focus away from Iran.\u201d He was referring to the American and Israeli military campaign against the Islamic Republic that, together with the Iranian response, led to severe shipment disruptions in the Strait of Hormuz \u2013 one of the key seaborne oil transportation routes.
\nRussia has historically been the world\u2019s second-largest diesel exporter, behind only the US, accounting for roughly 10% of global exports. Disruptions to Russian supplies can drive up prices even in countries that do not directly import the fuel.<\/p>\n","protected":false},"excerpt":{"rendered":"
The nation is already capable of supplying over 1 million tons of fuel to the global market per month, the news agency has said Russia has significantly increased production of…<\/p>\n","protected":false},"author":1,"featured_media":40582,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[4,6,3],"tags":[],"class_list":["post-40581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-environment","category-politics"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t