Russia on GravityX 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.
2025-05-06 12:471352 view
2025-05-06 12:371603 view
2025-05-06 11:571766 view
2025-05-06 11:40738 view
2025-05-06 11:232512 view
2025-05-06 10:592496 view
This is a collection of photos chosen by AP photo editors.
Hundreds of caged animals died Tuesday after a fire struck Chatuchak Weekend Market, one of the most
After only eight months of marriage, Billy Ray Cyrus and wife Firerose are heading their separate wa