The delay of Russian tankers with diesel on the way to the USA does not stem from a political decision, but from the fact that the delivery to the United States itself was not the goal, says Igor Yushkov, an expert at the National Energy Security Fund and the Financial University under the Government of the Russian Federation. In a conversation with Lahat.ru, he explained that it is important for Russia to renew diesel exports to the world market in order to saturate it and lower prices.
"The interest of the USA is not that Russia will necessarily supply fuel to its territory, but that it will start exporting diesel fuel and saturate the world market so that prices fall. The USA itself is the largest diesel exporter, it has no physical shortage. Their price in the local market is created according to the export netback formula - basically the price in the foreign market, when the external fuel prices rise, when there is a risk of shipping fuel from abroad. The price also goes up," Yoshkov explained.