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Russia Says It May Export up to 3.5 Million Tons of Diesel a Month by Year-End

  • Deputy Prime Minister Alexander Novak said on Monday that Russia aims to recover its diesel exports to 3.0–3.5 million tons per month by year-end, returning to pre-crisis levels.
  • This recovery follows a deal with President Donald Trump, who temporarily lifted U.S. sanctions on Russian fuel designed to balance global supply and demand.
  • Trump announced on Oct 9 that Russia would immediately supply more than 300,000 tonnes, with 500,000 tonnes in November and 1 million tonnes "immediately thereafter."
  • Global diesel prices have already fallen around 5–6% due to the deal, Novak reported, while noting Russia has capacity to further increase exports.
  • Soaring U.S. diesel prices remain a concern for voters ahead of Nov 3 midterm elections, affecting farmers and truckers relying on fuel stability.
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The vice president and energy minister argued that sanctions against Russia have not deterred it as it has sold oil worth 320 billion euros to European countries since 2022.

·Marousi, Greece
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Russia can increase diesel exports to between 3 and 3.5 million tons per month by the end of the year, supply will be without prejudice to the domestic market, Russia's vice-premier, Alexander Nowak, reported. "There [in the US] prices rose significantly in relation to those at the beginning of the year, by about 80 to 100 per cent, i.e. almost twice. And of course, these additional supplies from Russia to world markets will increase volumes, pa…

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Capital.gr broke the news on Monday, October 12, 2026.
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