Find news published in the date range below
and and
and and
and and
Clear
Euro
Arrow
53,9489
Dollar
Arrow
44,7286
Sterling
Arrow
63,0425
Gold
Arrow
6253,3093
BIST 100
Arrow
10.729

Russia extends gasoline export ban

It has been announced that the gasoline export ban in Russia will be extended due to the inability to curb rising fuel prices.

Don't leave your news choices to an algorithm - decide for yourself what you read. Add 12punto to your preferred sources!
Russia extends gasoline export ban

The Russian Ministry of Energy announced that Deputy Prime Minister Alexander Novak and other officials met in Moscow to evaluate gasoline prices. It was stated that the duration of the ban on gasoline exports, which was imposed due to increased demand during the summer months and heavy usage in the agricultural sector, will be extended.

Furthermore, it was stated that investigations have been launched regarding the artificial inflation of prices in certain regions. The government had temporarily halted exports on July 28 after gasoline prices reached record levels, but price increases have continued.

In the country, attacks on oil refineries by unmanned aerial vehicles and increased demand in the agricultural sector are causing gasoline prices to rise. Russia is one of the world's largest energy exporters, producing more than 40 million tons of gasoline annually.


News Source: 12punto

Gasoline exports oil Russia