On September 30, 2026, US President Donald Trump stated that Russian refineries are rapidly losing their capacity to produce diesel fuel. This situation, he noted, has a much greater impact on the diesel market than events in the Middle East.
The Impact of Russian Refineries on the Global Diesel Market
Trump emphasized that the issues arising in the Russian oil refining industry are the main reason for the diesel fuel shortage. He pointed out that without these problems, the situation in the diesel market would be significantly more stable.
Challenges in the Russian Oil Refining Industry
Among the key reasons leading to the decline in capacities of Russian refineries, Trump highlighted:
- Economic sanctions affecting investments in the sector;
- Technical issues at the plants;
- A decrease in demand for Russian fuel in the international market.
These factors, according to the president, significantly complicate the situation with diesel fuel supplies.