Russia says further restrictions on fuel exports are possible if needed, Ifax reports

MOSCOW: Russian Deputy Energy Minister Pavel Sorokin said on Tuesday that further restrictions on fuel exports are possible if needed, the Interfax news agency reported. Russia has extended a gasoline exports ban until the end of September, and the authorities have said the restrictions could be extended into October if the shortages persist. The country has faced a deficit of certain types of gasoline due to Ukraine’s strikes on refineries as well as supply chain disruptions exacerbated by high borrowing costs that made it hard for fuel stations to stockpile.

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