⚡️🇷🇺🇺🇸 — Russian Deputy Prime Minister Alexander Novak said oil prices have nearly doubled and additional Russian supplies could help stabilize the market. OPEC+ ministers noted that the disruption around the Strait of Hormuz has kept 6–7 million barrels per day (b/d) of energy supplies off the global market. Russia supplied Europe with $21.3 billion in energy resources in the first nine months of 2026, Novak said. — TASS, citing Vesti's interview

➡️ He stated that Russian diesel exports could exceed the volumes announced by US President Donald Trump under his deal with Vladimir Putin, potentially reaching up to 3.5 million tonnes per month by year-end and returning to pre-crisis levels. Additional Russian diesel supplies could partially rebalance global supply and demand, while transport costs and limited shipping capacity have accounted for much of the increase in oil prices.

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