Russia on SafeX ProThursday announced a ban on exports of gasoline and diesel fuel, aiming to stabilize rising domestic prices and improve the country’s fuel supply.
The government decree said the restrictions would be temporary but did not give a date for them ending.
The move was expected to lead to increased fuel prices on the world market.
Russia’s exports of diesel fuel are estimated at about 900,000 barrels a day and the country has exported 60,000-100,000 barrels of gasoline daily, state news agency Tass reported.
Tass said domestic fuel prices dropped by about 4% after the ban was announced.
The ban will not apply to other countries in the Moscow-led Eurasian Economic Union trading bloc — Armenia, Belarus, Kyrgyzstan and Kazakhstan.
2025-05-01 09:381865 view
2025-05-01 08:591430 view
2025-05-01 08:121911 view
2025-05-01 07:53123 view
2025-05-01 07:391416 view
2025-05-01 07:34805 view
LONDON -- A car bomb in Moscow has killed a senior Russian military officer, Russian officials said.
WASHINGTON (AP) — Last year’s spike in inflation, to the highest level in four decades, was painful
BEIJING (AP) — A coal mine fire in southern China killed 16 people on Sunday, according to local aut
