Russia's Putin orders government to stabilise retail fuel prices

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Russia's Putin orders government to stabilise retail fuel prices
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(Reuters) - Russian President Vladimir Putin on Wednesday ordered his government to make sure retail fuel prices stabilise, seeking additional measures ...

- Russian President Vladimir Putin on Wednesday ordered his government to make sure retail fuel prices stabilise, seeking additional measures to balance the domestic market following theSaltWire's Atlantic regional weather forecast for September 27, 2023 | SaltWire - Russian President Vladimir Putin on Wednesday ordered his government to make sure retail fuel prices stabilise, seeking additional measures to balance the domestic market following the introduction of a ban on gasoline and...

The government on Thursday introduced a temporary ban on exports of gasoline and diesel to all countries outside a circle of four ex-Soviet states in order to stem an increase in domestic fuel prices. "The measures have been taken, but the prices are rising... The consumer needs a result," Putin said."I'd ask you to react to events more promptly."

He said that there are proposals to restrict grey fuel exports and to raise fuel export duty to 50,000 roubles per ton from 20,000 roubles for resellers.

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