Russian petroleum product production fell nearly 22% in June 2026 amid refinery disruptions and supply constraints, despite partial market stabilization claims.
The Russian State Duma has amended tax laws to refine the fuel dampener system and import compensation, aiming to stabilize domestic fuel prices and supplies amid sector disruptions.
Russia allows production and sale of Euro-3 gasoline and diesel until end of 2026 to ease fuel shortages caused by attacks on refineries, excluding exports to EAEU states.
European leaders back the US-Iran peace deal emphasizing rapid execution, nuclear non-proliferation, and restoring free navigation through the strategic Strait of Hormuz.
Russia plans to limit diesel and aviation kerosene exports temporarily amid refinery disruptions caused by repeated drone attacks, aiming to stabilize the domestic fuel market.