Russia Implements Temporary Fuel Export Ban to Address Shortages and Stabilize Domestic Prices

Russia has implemented a temporary ban on the export of gasoline and diesel to countries outside of the Eurasian Economic Union, consisting of Belarus, Kazakhstan, Armenia, and Kyrgyzstan, in an effort to stabilize the domestic fuel market and reduce prices for consumers. The ban aims to prevent unauthorized "grey" exports and comes as Russia faces shortages of fuel due to factors such as refinery maintenance, railway bottlenecks, and the weak ruble. The government has also increased mandatory supply volumes and established daily monitoring of fuel purchases for agricultural needs.