Vladimir Putin outlines fuel market situation
Not all fuel issues have been resolved, but their settlement is in the process and Russian Prime Minister Mikhail Mishustin is keeping them under control, Russian President Vladimir Putin said on Sunday.
Not all fuel issues have been resolved, but their settlement is in the process and Russian Prime Minister Mikhail Mishustin is keeping them under control, Russian President Vladimir Putin said on Sunday.
A tight fuel supply situation persists in several Russian regions, with Russia's Deputy Prime Minister Alexander Novak having ordered additional measures to ensure supply and monitor prices, the cabinet of ministers reported.
The Russian government has extended the regulation to reduce mandatory gasoline sales on exchanges to 10% until December 31, 2026, and the relative instruction has been signed, the government's press service said.
The Deputy Prime Minister also announced plans to ban diesel fuel exports
U.S. President Donald Trump believes that Americans do not oppose Washington continuing its military campaign against Iran.
Russia’s fuel market situation remains tough, given summer peak demand and unscheduled oil refinery repairs, Russia's Deputy Prime Minister Alexander Novak at a meeting at the government's situation center.
Kazakhstan's Energy Ministry has drafted an order to extend the ban on gasoline exports from the country to all destinations, including member states of the Eurasian Economic Union (EAEU), for another six months - from November this year through May 2027.
Kazakhstan’s Ministry of Energy said that it has not received any requests from Russia for fuel supplies, while noting that it could consider such sales on commercial terms.
Discussions with other countries on potential fuel imports was the main topics of Tuesday’s briefing by Kremlin Spokesman Dmitry Peskov.
U.S. President Donald Trump demands that companies engaged in retail gasoline sales in the United States immediately reduce prices and warns them of serious consequences otherwise.
Another batch of petroleum products has been exported from Azerbaijan to Armenia, according to the Azerbaijan Railways (ADY) CJSC.
Russia' Deputy Prime Minister Alexander Novak instructed officials to prepare a balanced action plan for fuel supply in its domestic market.
Azerbaijan exported goods worth $11.273 million to Armenia in January-May 2026, according to the Azerbaijani State Customs Committee.
The situation in the domestic fuel market remains stable, with prices at gas stations of vertically integrated companies and most stations rising in line with inflation, Russian Deputy Prime Minister Alexander Novak said on the sidelines of the St. Petersburg International Economic Forum (SPIEF).
Total U.S. costs related to the conflict with Iran could amount to $1 trln, CNN reported, citing an estimate provided by Harvard Kennedy School expert Linda Bilmes.
A shipment of diesel fuel has been sent from Azerbaijan to Armenia today, Azerbaijani media reported.
Russian Deputy Prime Minister Alexander Novak on Friday instructed the energy ministry to draft a resolution banning gasoline exports from April 1, the Russian government said.
China has limited the amount by which the country’s fuel costs can rise, the government announces, as oil prices have surged due to the Middle East war.
Azerbaijani gasoline is very popular in Armenia, Armenian Minister of Economy Gevorg Papoyan said.
Azerbaijan's fuel exports to Armenia reached a valuation of $788,800 in 2025, according to the State Customs Committee of Azerbaijan.