The Russian measures are aimed at stabilizing the domestic fuel market, according to the government’s press service.
But they will also reduce fuel supply on the global diesel market at a time when refiners are having trouble producing it.
The reason for this is that European refineries were built with the expectation of heavy oil from the Russian Federation, which is now significantly scarce.
Experts estimate that diesel fuel stocks in Western countries have recently halved. However, if the US can somehow overcome this issue, Europe is seriously risking its transport connections.
According to some analysts, the diesel crisis in the West could worsen if Russia imposes a complete ban on oil exports.
Experts are confident that Europe will have to fully address this issue in the near future. The only problem is that there is no simple solution.
One possible way is the immediate lifting of sanctions, as Russia was the leader in diesel fuel supplies to the EU until recently.