Russia prolongs gasoline export ban until 2026

Russia has announced an extension of the gasoline export ban until the end of 2026 to address the fuel crisis that the country experienced. Last summer, this crisis led to sales restrictions and a decline in production due to Ukrainian attacks on oil refineries. The situation has started to improve with some refineries resuming operations, but challenges remain, especially in Siberia, where the government is working to secure additional supplies, including importing quantities from Kazakhstan, despite its limited fuel surplus. Moscow is also considering extending the diesel export ban to ensure stability in the domestic market, as pressures on the energy sector continue.

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