Russian President Putin signed tax amendments allowing gasoline blending and import subsidies to address domestic fuel shortages. The measures aim to stabilize supply after Ukrainian attacks on refine
President Putin acknowledged fuel shortages caused by Ukrainian drone strikes and established a task force to manage supplies. He considered banning diesel exports while prioritizing fuel for the agri
Putin confirmed ongoing fuel shortages and station queues after refinery strikes, prompting discussions on a diesel export ban. Moscow plans measures to stabilize domestic supply while managing global
Putin's envoy confirmed ongoing Russia-U.S. energy and economic dialogues despite stalled Ukraine peace talks. U.S. officials extended oil sanctions waivers, citing Russian energy's necessity for glob
Surging oil prices boost Russia's export revenue, but high borrowing costs and military-focused spending hinder economic growth amid recession risks.
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