Current:Home > MyRussia calls temporary halt to gasoline, diesel fuel exports -BeyondProfit Compass
Russia calls temporary halt to gasoline, diesel fuel exports
View
Date:2025-04-11 19:21:10
Russia on Thursday announced a ban on exports of gasoline and diesel fuel, aiming to stabilize rising domestic prices and improve the country’s fuel supply.
The government decree said the restrictions would be temporary but did not give a date for them ending.
The move was expected to lead to increased fuel prices on the world market.
Russia’s exports of diesel fuel are estimated at about 900,000 barrels a day and the country has exported 60,000-100,000 barrels of gasoline daily, state news agency Tass reported.
Tass said domestic fuel prices dropped by about 4% after the ban was announced.
The ban will not apply to other countries in the Moscow-led Eurasian Economic Union trading bloc — Armenia, Belarus, Kyrgyzstan and Kazakhstan.
veryGood! (3)
Related
- Small twin
- Native American Tribe Gets Federal Funds to Flee Rising Seas
- How the Trump Administration’s Climate Denial Left Its Mark on The Arctic Council
- New Details Revealed About Wild 'N Out Star Jacky Oh's Final Moments
- Military service academies see drop in reported sexual assaults after alarming surge
- Police Treating Dakota Access Protesters ‘Like an Enemy on the Battlefield,’ Groups Say
- House Votes to Block Arctic Wildlife Refuge Drilling as Clock Ticks Toward First Oil, Gas Lease Sale
- 24-Hour Solar Energy: Molten Salt Makes It Possible, and Prices Are Falling Fast
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- How Solar Panels on a Church Rooftop Broke the Law in N.C.
Ranking
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Country singer Kelsea Ballerini hit in the face with bracelet while performing
- Does aspartame have health risks? Here's what studies have found about the sweetener as WHO raises safety questions.
- Illinois Passes Tougher Rules on Toxic Coal Ash Over Risks to Health and Rivers
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Titan investigators will try to find out why sub imploded. Here's what they'll do.
- Spoil Your Dad With the Best Father's Day Gift Ideas Under $50 From Nordstrom Rack
- Virginia sheriff gave out deputy badges in exchange for cash bribes, feds say
Recommendation
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
Supreme Court rejects affirmative action, ending use of race as factor in college admissions
Iowa woman wins $2 million Powerball prize years after tornado destroyed her house
In Detroit, Fighting Hopelessness With a Climate Plan
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
Western Coal Takes Another Hit as Appeals Court Rules Against Export Terminal
As Wildfire Smoke Blots Out the Sun in Northern California, Many Ask: ‘Where Are the Birds?’
They're gnot gnats! Swarms of aphids in NYC bugging New Yorkers