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Alexander Novak

Alexander Novak

Deputy Prime Minister of Russian Federation for Fuel Energy Complex

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  • Jul 26

    Russia extends gasoline export ban to end of year as Siberian shortages bite

    Deputy Prime Minister Alexander Novak said the gasoline export ban will run through December, while a diesel export ban will be lifted once the market recovers, as Ukrainian drone attacks continue to disrupt refining capacity.

  • Jul 10

    Russian petrol output covers just 65% of demand after Ukrainian drone strikes cripple refineries

    Widespread drone attacks have knocked out major refineries, forcing Moscow to ban fuel exports and import petrol from Belarus and India while Cossack militias manage chaos at filling stations.

  • Jul 9

    Russia bans diesel exports and plans fuel imports as Ukrainian drone strikes deepen energy crisis

    Moscow imposed an immediate ban on diesel exports until July 31 and announced plans to import fuel, as sustained Ukrainian drone attacks on refineries cause acute shortages and price spikes.

  • Jul 2

    Russia begins importing gasoline from India as Ukrainian drone strikes cripple domestic refining, triggering shortages across the country

    Moscow has turned to seaborne gasoline imports from India after a wave of Ukrainian drone attacks knocked out nearly 30% of its refining capacity, causing acute fuel shortages, rationing at stations, and mounting public anger.

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Today’s Brief

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Diplomacy supplied the theatre, markets supplied the nerves. Washington and Beijing bought two months of calm, while energy routes, bond yields and autonomous AI reminded governments how thin their margins look.

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