... prices set benchmarks for small wholesale, subsequently influencing retail prices. Government Measures and Market Regulation To contain the price surge, the authorities have taken a series of steps to regulate the fuel market. At the end of July and the ... ... the future. Research is also underway on alternative fuel types for transportation—biofuels, hydrogen—but their widespread application in Russia remains a question for the distant future. Forecast and Outlook In the short term, market participants hope ...