Espreso. Global

Russia considers ban on gasoline exports to avoid shortages

23 May, 2023 Tuesday
20:13

The Russian government is considering a ban on gasoline exports to avoid shortages and a sharp rise in fuel prices

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This is reported by Reuters.

“The Russian government is considering a possible gasoline export ban to prevent domestic fuel shortages and price increases after a decision to reduce subsidies for refineries, industry and government sources,” the publication says. 

The journalists also found out that the Russian government may increase the volume of mandatory sales of gasoline on the exchange.

  • Earlier, Bloomberg wrote that Russian crude oil flows to international markets still show no signs of the production cuts announced by Russia.

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