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Energy Sector News August 8, 2025 — U.S. Pressures India, Gasoline Export Ban, Oil Stabilization
... Russian oil to stabilize the global market, only to criticize it for this practice now.
National Interests Come First:
India's key priority is ensuring affordable energy costs for the population and its economy. Purchasing Russian oil helps to curb rising fuel prices in the domestic market.
The West Itself Traded with Russia:
New Delhi reminds that EU countries still import gas, petrochemical products, fertilizers, and other resources from Russia, while the U.S. purchases specific categories of Russian goods ...
Experts assessed the impact of the increase in fuel excise taxes on gas station prices.
... chairman of the supervisory board of the association "Reliable Partner," noted that the funds collected from excise taxes go to road funds. It is not by chance that when proposals are made to cancel or reduce excise taxes to stabilize retail fuel prices, the Ministry of Finance responds that excise tax revenues are used to build new roads and maintain old ones, Gusev says.
Sergey Tereshkin, CEO of the oil products and raw materials marketplace OPEN OIL MARKET, notes that excise taxes are an ...
An expert suggested a way to stabilize fuel prices in Russia.
Tereshkin: Reducing Russian Railways' tariffs for oil companies would stabilize fuel prices (RIA Novosti).
Expert Sergey Tereshkin proposed a series of measures to stabilize fuel prices in Russia. He noted that it is necessary to reduce the costs for oil companies, including lowering Russian Railways' tariffs for transporting oil products....
Not Much Fire: Why the Government Banned Gasoline Exports
Discussing the reasons behind the government's ban on gasoline exports and what this means for the domestic market and fuel prices.
Russia has implemented a complete ban on gasoline exports for August due to a significant surge in market prices. This was driven by a seasonal increase in fuel costs, a rise in gasoline-operated farming equipment as opposed to diesel, and gray ...
Energy News August 7, 2025: U.S. Pressures India, Petroleum Export, Oil Stabilization
... and changes in energy consumption. Stay updated on the developments in the energy world and learn how they may affect your business and the economy as a whole. We provide a thorough analysis of the economic situation and prospects for refineries and fuel prices in the future.
Key Energy Sector News as of August 7, 2025: The U.S. Intensifies Pressure on India for Trading with Russia, Export of Petroleum Products from the RF Restricted, Oil Prices Stabilize. A Detailed Review for Energy Market Participants....