Russia plans to extend its diesel export ban and use quotas to fulfil an agreement with the United States, according to sources. This was reported by Qazaqyia.kz citing Reuters.
According to the sources, Russian authorities are considering extending the existing ban on diesel exports and introducing export quotas to comply with a deal with the US. The move is aimed at stabilising the domestic market and meeting international obligations.
The step is a continuation of policy in Russia's energy sector. A ban on diesel exports was introduced earlier, and now it is planned to be extended with regulation through quotas.
No additional information has been provided about the content and terms of the agreement between Russia and the US. However, the sources note that quotas will play an important role in fulfilling this arrangement.
Russia's decision on diesel exports could affect global energy markets, as Russia is a major exporter of diesel. Experts note that the decision could impact prices and supply volumes in the market.
There has been no official confirmation of this information so far, with references only to sources.