US EditionRussia temporarily bans fuel exports to most countries in response to shortages
- Russia has implemented a temporary ban on the export of gasoline and diesel to stabilize the domestic market, amidst a worsening fuel shortage. This decision was made by the country's energy minister, Alexander Novak, who promised a "radical solution" to address the issue.
- The ban specifically applies to all countries outside of a circle of four ex-Soviet states, with immediate effect. The goal is to ensure that enough fuel is available within Russia to meet the demand and prevent further price instability.
- By temporarily halting exports of gasoline and diesel, Russia aims to stabilize domestic fuel prices and alleviate the effects of the fuel shortage. This measure will prioritize the needs of the local market before catering to international demands.
50 Articles
50 Articles
Russia calls temporary halt to gasoline, diesel fuel exports
Russia has 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 says the restrictions would be temporary but did not give a date for them ending. The move is expected to lead to increased fuel prices on the world market. State news agency Tass says Russia’s exports of diesel fuel are estimated at about 900,000 barrels a day and the country …
Oil, cracks soar after Russia bans diesel, gasoline exports
(Image courtesy Pixabay) (ZEROHEDGE) – With Diesel prices already soaring (in anticipation of the highly vaunted soft landing), recently sending the diesel crack to 2023 highs and assuring that refiners have another blowout quarter, Russia just handed a gift to the Exxons of the world – and spat in the face of Christine Lagarde – when it "temporarily banned" exports of the diesel in a bid to stabilize domestic supplies, adding pressure on alread…
Russia calls temporary halt to gasoline, diesel fuel exports
Russia has 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 says the restrictions would be temporary but did not give a date for them ending. The move is expected to lead to increased fuel prices on the world market. State news agency Tass says Russia’s exports of diesel fuel are estimated at about 900,000 barrels a day and the country …
Russia calls temporary halt to gasoline, diesel fuel exports
Russia has 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 says the restrictions would be temporary but did not give a date for them ending. The move is expected to lead to increased fuel prices on the world market. State news agency Tass says Russia’s exports of diesel fuel are estimated at about 900,000 barrels a day and the country …
Russia calls temporary halt to gasoline, diesel fuel exports
Russia calls temporary halt to gasoline, diesel fuel exports Sept. 21, 2023 Russia on Thursday announced a ban on exports of gasoline and diesel fuel, aiming to stabilize rising domestic prices and improve the countrys 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.Russias exports of diesel fuel are esti…
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