- Russian Deputy Prime Minister Alexander Novak confirmed the government is discussing a return to export restrictions to ensure domestic fuel stability
- The potential ban follows a period where only non-producing traders were restricted from exporting fuel through July
- Market analysts report that at least 40 percent of Russia's oil export capacity has been impacted by recent infrastructure disruptions and regional conflicts
- The move aims to prevent domestic price spikes as global crude prices exceed 100 dollars per barrel due to escalating Middle East tensions
- Government officials are scheduled to meet with major oil companies to finalize the scope of the restrictions and potential exemptions for trade partners
Russia considers reintroducing gasoline export ban for producers starting April 1
Mar 27, 2026, 4:27:33 PM UTC(4 hours ago)
Impact: High
Affected Assets
Sources
From:@DeItaone
RUSSIA MAY INTRODUCE BAN ON GASOLINE EXPORTS FOR PRODUCERS FROM APRIL 1- TASS