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Home Business & Economy
Russia extends petrol export ban as prices soar

A view taken on December 13, 2023 shows the grounds of a fuel tank farm of Russia's oil pipeline giant Transneft. (Photo by NATALIA KOLESNIKOVA / AFP)

Russia extends petrol export ban as prices soar

AFP by AFP
August 27, 2025
in Business & Economy
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Russian authorities said Wednesday that a ban on petrol exports would be extended to October 31 in a bid to lower fuel prices that have soared after Ukrainian attacks on refineries.

Ukraine routinely targets Russian refineries and oil depots to hamper Moscow’s ability to fund its offensive.

Russia, one of the world’s biggest oil producers, has taken several measures in recent months to ease fuel prices that reached near-record highs this month.

The government announced on Telegram that it had implemented “a new temporary ban on exports of petrol for cars”, saying it wanted to “maintain a stable situation for the domestic fuels market”.

Recent Ukrainian attacks have also disrupted air and railway travel, prompting more people to drive during the summer travel season, further increasing petrol demand.

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© Agence France-Presse

Tags: conflictexportsfuelrussiaukraine
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AFP, or Agence France-Presse, is a major international news agency headquartered in Paris, France. It is one of the world's oldest news agencies, founded in 1835. AFP provides news coverage in various formats, including text, photos, videos, and graphics, in multiple languages. The agency operates with a global network of journalists and regional hubs, aiming to deliver impartial and verified news worldwide.

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