21 Nov, 2024
2 mins read

Russia Halts Gasoline Exports to Prioritize Domestic Market Amidst Rising Prices and Ukraine Conflict

Russia has announced a six-month ban on gasoline exports, effective March 1st, 2024. This move aims to address rising domestic demand, particularly from motorists and farmers, ahead of the upcoming presidential election in mid-March. Additionally, the ban aims to facilitate necessary maintenance at refineries following recent disruptions caused by the ongoing conflict with Ukraine. Justifications […]