EnergyHighReportedAccelerating
7.4
Russia Extends Gasoline Export Ban to End of October, Tightening Global Supply
Digi24LO·RU · IR · UA·3 days ago
Russia faces a domestic gasoline shortage, prompting authorities to urge drivers to reduce car usage by 12%. Diesel remains available, but the export ban imposed to stabilize prices is costing the industry billions in lost export revenue monthly. The shortage highlights structural inefficiencies in Russia's refining and distribution, with potential knock-on effects on military logistics and public sentiment.