Russia Resumes Diesel Exports After Partial Easing

Russia has resumed diesel exports after partially easing restrictions, with a tanker carrying about 40,000 metric tons of fuel reported headed from Primorsk to Morocco, according to shipping data cited by the Kremlin and others. The development follows an agreement with U.S. President Donald Trump to release Russian diesel to global markets. The tanker’s reported voyage indicates a shipment is underway, but the supplied information does not confirm its arrival in Morocco or establish a sustained increase in exports. Kremlin spokesperson Dmitry Peskov said Thursday that Russian diesel had begun reaching international markets and could help stabilize oil markets, though the additional supply would not be enough to fully stabilize them. Russia partially lifted its diesel export restrictions on October 10. LSEG shipping data showed the tanker loaded at the Baltic port of Primorsk on October 13. Trump said Russia would initially release more than 300,000 metric tons of diesel, equivalent to about 2.25 million barrels, for U.S. and global markets. He also announced a further 500,000 metric tons in November and another 1 million metric tons thereafter. Those later volumes were...