Russia Extends Ban on Gasoline Exports
In a move to maintain market stability, the Russian government has decided to extend its temporary ban on gasoline exports until the end of 2024. This decision comes amidst increased seasonal demand and scheduled refinery repairs, as announced on the Telegram messaging app.
This extension aims to prevent any disruptions in the market and ensure a steady supply of gasoline within the country. With input from agencies, the government is taking proactive measures to address the challenges posed by market fluctuations and upcoming refinery maintenance.
By extending the ban on gasoline exports, Russia is prioritizing domestic market needs and safeguarding against any potential shortages. This strategic decision underscores the government’s commitment to supporting its economy and ensuring stability in the energy sector.