Russia is beginning to feel the economic fallout from the acute fuel shortage caused by Ukraine's drone attacks on the country's massive refining fleet. To alleviate the crisis, Moscow is prepared to make large payments for imported oil products, though this increases the risk of a bigger hole in the state budget. To narrow the gap, Moscow might be forced to increase borrowings or raise taxes, analysts say.
Moscow Boosts Subsidies, Leans on Belarus to Avert Shortage
Moscow is preparing to make sizeable payments for fuel imports to stabilize domestic market, increasing the state budget hole.






