Russia to Introduce Ban on Gasoline Exports from April 1, Govt Says Russian Deputy Prime Minister Alexander Novak has directed the energy ministry to prepare a resolution banning gasoline exports starting April 1, according to the Russian government. The state-run TASS news agency previously reported that the ban would remain in effect until July 31. Novak cited global oil and oil products market instability, driven by the Middle East crisis, as a key factor behind the decision. He noted that while price fluctuations persist, strong demand for Russian energy resources in international markets continues to support the economy. The government stated that crude oil processing volumes have remained consistent with last year’s levels, ensuring a stable supply of oil products. This has helped mitigate shortages, though several regions in Russia and areas under Russian control in Ukraine faced gasoline shortages last year. These shortages were attributed to increased attacks on Russian oil refineries by Ukraine and a seasonal rise in fuel demand. Russia has previously imposed restrictions on gasoline and diesel exports to control rising fuel prices and address supply issues. Industry sources estimate that the country exported nearly 5 million metric tons of gasoline last year, equivalent to about 117,000 barrels per day. The latest measures aim to further stabilize domestic fuel availability amid ongoing challenges in the global energy market. The decision reflects broader efforts to manage domestic energy supply while navigating external disruptions. Novak’s remarks highlight the tension between maintaining export revenues and ensuring sufficient fuel for domestic consumers.#alexander_novak #russian_deputy_prime_minister #russian_government #tass_news_agency #russian_energy_ministry
