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The Russian government has reintroduced a ban on gasoline exports, effective from September 1 until the end of the year, in an effort to stabilize domestic prices following significant increases. This measure comes in response to rising fuel demand during the summer season and scheduled maintenance at oil refineries, some of which have also been damaged by Ukrainian drone strikes.
Russia initially banned fuel exports from March 1 but lifted the restriction from May 20 until the end of July, citing "domestic market saturation" as the reason for the temporary reprieve. However, the new ban aims to curb further price hikes and ensure sufficient fuel supply within the country.
The ban does not apply to supplies under intergovernmental agreements, including those with countries from the Eurasian Economic Union, such as Belarus, Kazakhstan, Kyrgyzstan, and Armenia. According to official data, Russia produced nearly 44 million tons of gasoline last year. The sharp rise in retail prices in autumn 2023 exacerbated the economic strain on the population, already burdened by the weakening ruble due to Western sanctions.
Two Greek-managed oil tankers were struck by drones on Tuesday near the Caspian Pipeline Consortium (CPC) terminal in the Black Sea, which handles roughly 80% of Kazakhstan’s oil exports
Russian forces carried out a large-scale combined missile and drone attack across several regions of Ukraine on the night of January 12–13, with Kharkiv and Dnipropetrovsk oblasts among the hardest hit, while emergency power outages were introduced in Kyi
Nearly all Bulgarian exports to Mercosur countries are set to benefit from the EU trade agreement approved on Friday, according to European Commission data. The pact, the largest in EU history, covers Argentina, Brazil, Paraguay, and Uruguay.
From Monday to Wednesday this week, the National Revenue Agency (NRA) received more than 1,000 complaints regarding unjustified price hikes
The United States has seized a second oil tanker linked to Venezuela in a single day, as part of ongoing enforcement of sanctions against vessels transporting illicit oil
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Italian Prime Minister Giorgia Meloni has called for Europe to reestablish direct communication with Russia to strengthen its position in negotiations aimed at ending the war in Ukraine
Ukrainian President Volodymyr Zelensky has firmly rejected Russian claims that Ukrainian drones attempted to attack a state residence of Russian President Vladimir Putin
Recently declassified US transcripts from the early 2000s show that Russian President Vladimir Putin openly raised the question of Russia potentially joining NATO during talks with then US President George W Bush
NATO sources have raised concerns that Russia may be developing weapons targeting satellites, with particular focus on Elon Musk’s Starlink communications system, intelligence documents indicate.
Pro-Ukrainian resistance fighters have set fire to two Russian Su-30 fighter jets during a nighttime operation in Russia’s Lipetsk Oblast, Ukraine’s military intelligence agency HUR reported on December 22.
A senior Russian military officer has been killed following a car explosion in Moscow, after early reports initially described the incident as an assassination attempt that left him critically injured.
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