The Russian State Duma amended the fuel dampener and trading rules to enhance domestic fuel supply and price stability amid export restrictions and refinery disruptions.
The Saratov refinery has halted operations after Ukrainian drone strikes damaged its primary processing unit, worsening fuel shortages in Russia amid ongoing refinery attacks.
Gasoline prices in annexed Crimea have surged by nearly 80% in early July amid Russia’s fuel supply crisis and export restrictions.
Russia permits sale of Euro-3 standard fuels domestically through 2026 to mitigate supply shortages caused by refinery disruptions and attacks.
Russia's aviation fuel imports from Belarus surged nearly fourfold amid domestic refinery disruptions and export bans, prompting strategic shifts in energy supply management.
European leaders back the US-Iran agreement, stressing swift action, nonproliferation, and restoring navigation through the strategic Strait of Hormuz to stabilize markets.
Russia plans to impose 1-2 month export restrictions on diesel and jet fuel following drone attacks that disrupted refinery operations, aiming to stabilize the domestic fuel market.