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Energy Sector News, Tuesday, August 5, 2025 - Trump Pressures India, Russia Limits Fuel Exports

... rubles/ton , breaking records and placing increased burdens on independent gas stations and consumers. The causes of the crisis are a combination of high seasonal demand and limited supply. Demand for fuel surged from the agricultural sector (harvesting campaign) and the tourism industry during summer, while supply decreased due to scheduled maintenance work at several oil refineries ( refineries ) in June and July. The situation was further exacerbated by the behavior of certain large producers: as ...