19.03.2026 17:15
The Russian Ministry of Energy announced that it could quickly ban gasoline exports in the event of rising fuel prices. It was stated that such a step could be taken to maintain the balance in the domestic market.
The Director of the Oil and Gas Facilities Department of the Russian Ministry of Energy, Anton Rubtsov, stated that Russia could quickly impose a ban on gasoline exports in the event of rising prices.
"FUEL EXPORTS MAY CAUSE SUPPLY ISSUES IN THE DOMESTIC MARKET"
Rubtsov spoke at an event held in the capital, Moscow. Indicating that Russia is in a balanced situation regarding fuel in the domestic market, Rubtsov said, "Fuel exports may create supply issues in the domestic market. Therefore, if a problem arises in the balance, a ban decision can be made quickly."
THERE IS A PARTIAL EXPORT BAN IN RUSSIA
Currently, a partial export ban is in place in Russia for gasoline, diesel, and some other types of fuel, while oil product producers are exempt from the restrictions.
Due to the attacks by the U.S. and Israel on Iran and Iran's retaliations, there is a rise in energy prices amid concerns of traffic disruptions in the Strait of Hormuz, one of the significant transit routes in global trade, and supply shortages.