The Russian authorities has imposed a whole ban on gasoline exports by the top of August, extending earlier restrictions that had exempted main oil producers.
The expanded restrictions do not apply to provides despatched to members of the Eurasian Economic Union or to international locations equivalent to Mongolia, with which Russia has intergovernmental gasoline provide agreements.
The information outlet RBC experiences that Russia is quickly banning exports amid rising wholesale gasoline costs, which have reached report highs on Russian commodity exchanges. Wholesale costs have risen for eight consecutive trading sessions.
Sources not too long ago informed Reuters that Russia elevated gasoline exports by roughly 25 % year-over-year in the primary 5 months of 2025, reaching about 2.51 million tons. Russia produces greater than 40 million metric tons of gasoline yearly.
