"Russia Halts Gasoline Exports for 6 Months Amid Ukraine Strikes"

TL;DR Summary
Russia has announced a six-month ban on gasoline exports starting from March 1 in order to stabilize domestic prices amidst rising demand and refinery maintenance. The ban, approved by Prime Minister Mikhail Mishustin, aims to offset excessive demand for petroleum products and ensure price stability in the domestic market, particularly ahead of a presidential election. This move comes as some Russian refineries have been affected by Ukrainian drone attacks, and follows Russia's voluntary reduction of oil and fuel exports by 500,000 barrels per day in the first quarter as part of OPEC+ efforts to support prices.
- Russia bans gasoline exports for 6 months from March 1 Reuters
- Russia orders halt on petrol exports Al Jazeera English
- Russia to Ban Gasoline Exports for 6 Months The Moscow Times
- Russia Forced to Cut Exports Amid Ukraine Strikes on Oil Hubs Newsweek
- Russia to Suspend Gasoline Exports From March OilPrice.com
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