Russia bans gasoline exports for 6 months from March 1 ...Middle East

MOSCOW: Russia on Tuesday announced a six-month ban on gasoline exports from March 1 to compensate for rising demand from consumers and farmers and to allow for planned maintenance of refineries. The ban, first reported by RBC, was confirmed by a spokeswoman for Deputy Prime Minister Alexander Novak. Russia previously imposed a similar ban between September and November last year in order to tackle high domestic prices and shortages. Russia starts fuel supplies to Iran by rail Only four ex-Soviet states – Belarus, Kazakhstan, Armenia and Kyrgyzstan – were exempt. The post Russia bans gasoline exports for 6 months from March 1 appeared first on Bloomberg News Today.

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