Russia Bans Diesel Exports After Ukraine Drone Strikes
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- Russia banned diesel exports following Ukrainian drone attacks on its refineries, straining a global diesel market that was already tight, per CNN.
- Russian civilians are racing to adapt their cars to run on LPG as gasoline shortages hit roughly 50 million people, per Financial Times and Reuters.
Why it matters: Russia's diesel export ban tightens an already strained global fuel market for foreign buyers; at home, Russian drivers are racing to switch their cars to LPG just to keep moving as gasoline shortages spread across a population of roughly 50 million people.
