... restricting diesel exports may temporarily curb gasoline price hikes. However, Gusev warns this approach could harm the oil refining sector by reducing diesel production, which far exceeds domestic consumption. Instead, he advocates increasing AI-95 production ... ... exchange trading regulations. Tereshkin also emphasizes reducing operational costs, such as railway transportation fees for fuel. In 2022, Russian Railways' freight rate for oil and petroleum products was 948 kopecks per 10 ton-kilometers, compared to ...

... pre-IPO round , attracting investments to expand the platform, enhance functionality, and attract new suppliers and buyers. These investments will enable the platform to broaden its market reach and continue developing innovative solutions for the fuel sector in Russia. Platferrum : A B2B Platform for Metallurgy and Industrial Equipment Platferrum is a specialized B2B marketplace focused on the needs of the metallurgy and industrial sectors. The platform brings together companies offering various metals ...

... particularly concerning Russian oil. Companies engaged in extraction must make considerable efforts to rectify the situation and regain consumer trust in their products. This may take years or even decades. Meanwhile, the industry is not stagnant. Many sectors are seeking to replace oil with alternative fuels. For instance, this applies to the automotive industry, with factories increasingly shifting to the production of electric vehicles. This will lead to a decline in demand for petroleum products and, consequently, crude oil, which will guarantee ...

... exceed inflation levels (10-12%), he predicts. According to energy expert Kirill Rodionov, the complete ban on exports will stabilize retail gasoline prices in the coming month, bringing them back within the inflationary range. Rodionov agrees that the sector requires new mechanisms to stabilize prices. The simplest solution would be to increase the mandatory volumes of exchange sales of fuel from the current 15% for gasoline and 16% for diesel to 33% and 50%, respectively, at least for those refineries located in the European part of Russia. He insists that competition mechanisms must be incorporated in the market. Source: RG.RU

... exception of supplies under special one-time licenses issued by the Federal Service for Technical and Export Control. Impact on the United States For the United States, the restrictions from Russia can lead to significant challenges in the nuclear energy sector, since about 20% of the electricity generated in the country comes from nuclear power plants. Although the United States is taking steps to diversify its nuclear fuel sources, the process of replacing supplies may not be easy. Energy security threats. Restricting Russian exports creates the risk of a shortage of enriched uranium, which could lead to higher electricity prices and, as a result, higher costs for ...