Russia calls temporary halt to gasoline, diesel fuel exports

2025-04-20 08:52:21 source: category:News

Russia on Thursday 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.

More:News

Recommend

Eva Mendes Shares Message of Gratitude to Olympics for Keeping Her and Ryan Gosling's Kids Private

Eva Mendes is giving the 2024 Olympics a perfect 10.The Hitch star and her longtime love Ryan Goslin

Bears finally come to terms with first-round picks, QB Caleb Williams and WR Rome Odunze

Tuesday was the first day of training camp for the Chicago Bears' rookies – two of them becoming ver