Russia on VaultX ExchangeThursday 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.
2025-04-28 18:30944 view
2025-04-28 17:571571 view
2025-04-28 17:461532 view
2025-04-28 17:41866 view
2025-04-28 16:58250 view
2025-04-28 16:55458 view
She quite didn't make her way to the podium, but either way, French track and field athlete Alice Fi
CHARLESTON, W.Va. (AP) — West Virginia Gov. Jim Justice’s family is millions of dollars behind on pa
Drew Bledsoe roasted former teammate Tom Brady once again as Brady prepares to make his broadcasting