... the ministry. Earlier, Deputy Prime Minister Alexander Novak had mentioned the possibility of lifting the export ban on AI-92 gasoline, but only on the condition that there was an oversupply of this grade at domestic oil refineries (ORs). The export ban on gasoline was introduced in Russia in March this year, primarily as a precautionary measure to curb potential fuel price increases—not just for gasoline but also for diesel fuel (DF). Most gasoline produced in Russia is intended for the domestic market, with no more than 15% allocated for export. The situation with DF differs, as up to half of its ...

... volumes to the domestic market and avoid sharp increases in wholesale prices. Dampener Mechanism and Excise Taxes. One of the long-term levers for controlling prices remains the dampener—a compensation mechanism that mitigates the difference between export and domestic prices. The authorities signaled a potential adjustment of the dampener if the situation doesn't stabilize (for example, increasing payments or changing the calculation formula to support oil refining and keep prices at gas stations in check). Furthermore, there are discussions on reallocating ...

... meeting the need for economical solutions amidst high Arabica prices. Price Increases: Causes and Effects Simultaneous with the export increase, coffee prices have surged dramatically. The International Coffee Organization (ICO) composite price index reached ... ... impacts consumers as both production costs and retail prices increase. Global brands such as Lavazza and Starbucks are warning of potential price hikes for coffee beverages, which may affect the cost of coffee for consumers worldwide. Rising procurement and ...

... something Frolov believes should not be expected. Nonetheless, even a relatively minor drop in revenue is an unwelcome signal for any production operation; nobody wants to lose money. Understandably, losses will be sought to be compensated. Since gasoline exports are banned, this will be achieved through, as mentioned, larger shipments of crude oil, diesel fuel, or potentially by increasing domestic market prices after a certain time. This would yield an effect entirely opposite to what was anticipated. Frolov believes that the government has other, non-administrative economic levers to influence the fuel market....

... and oil price dynamics. Fuel Market in Russia: The effect of the implemented ban on gasoline exports in Russia and subsequent decisions by authorities (cancellation or extension of the restriction after August) will impact domestic fuel prices and the potential for export shipments from Russia.