Skip to playerSkip to main content
  • 19 minutes ago
U.S. President Donald Trump on Sunday (September 13) called on Ukrainian President Volodymyr Zelenskiy to stop targeting Russian diesel infrastructure, saying the attacks were causing a shortage of the fuel that is "hurting the world".Chief Oil and Gas Correspondent Vladimir Soldatkin explains. - REUTERS

Category

🗞
News
Transcript
00:00Mr. Zelensky has to do one thing. He has to stop knocking out diesel fuel in Russia.
00:06Diesel prices in the United States, they're creeping up and exceeding six dollars per gallon,
00:14which is quite hurtful for the population in the United States. And I think it's quite
00:18worrisome for Trump, who would like the prices of fuel to go down.
00:26As Ukraine said, by striking oil refineries, which produce fuel in Russia, they're trying to bring
00:33the war back home to the Russian soil. And of course, by doing this, they also undermine the
00:41supplies of fuel to the Russian army and undercut Moscow finances. We see that fuel stations across
00:50Russia are shot or they substantially reduced the fuel sales in several cities, including in Moscow,
01:00at some point. The situation is improving in some regions, but it's still not easy. Of course,
01:09it's compounding the effect of the Iranian war and Hormuz blockade. One of the effects was that Russia
01:17introduced a ban on experts' sales of gasoline or diesel. At least they restricted a certain sale of
01:26the fuel to abroad. And Russia used to be second largest seaborne diesel supplier up to these states,
01:35mostly supplying it to such countries as Turkey and Brazil, and to some African countries as Senegal.
01:43Having said that, the Russian diesel export had already been low prior to the introduction of the
01:51restrictions in early July. So it had not that great impact on the ban itself, but still it's hurtful.
02:01There is some impact, of course, from the strikes, and several countries are feeling the pinch.
02:08And this month we spoke to officials in neighboring Mongolia, and they said that the Russian fuel
02:18experts, the price of it has doubled in the past few months. So it's quite hurtful for them.
02:26There is some suggestions that Ukraine and Russia may reach some kind of agreement of not hitting each
02:34other's energy infrastructure. But there's no agreement, and as we see the strikes are continuing.
02:41They see it as a retaliation, I think, against the Russian strikes. But those strikes are becoming quite
02:52intensive and more and more refineries are coming under fire.
Comments

Recommended