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● LIVE Updated 2h ago · 13 sources tracked

Russia has a plan to ease the gasoline crisis: lower fuel standards, expand subsidies, and wait out Ukraine’s refinery strikes

Russia is facing an acute fuel crisis following Ukrainian drone strikes on oil refineries. The government has authorized the sale of fuel that does not meet Euro-5 standards to maintain supply. Officials are also considering subsidies and imports to stabilize prices.

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What changed

The Russian government has officially permitted the production and sale of lower-grade fuel to address domestic shortages.

Live updates

  1. Russia Lowers Fuel Standards to Combat Severe Gasoline Shortages

    Russia is facing an acute fuel crisis following Ukrainian drone strikes on oil refineries. The government has authorized the sale of fuel that does not meet Euro-5 standards to maintain supply. Officials are also considering subsidies and imports to stabilize prices.

    What's confirmed:

    • Russia has authorized refineries to sell gasoline and diesel that fall short of Euro-5 standards for sulfur content and other parameters.
    • Ukrainian drone strikes have targeted Russian oil refineries, including 8 of the 10 largest facilities.
    • Refining volumes in Russia fell below 4 million barrels per day in the first week of June, the lowest level in 21 years.
    • The Russian parliament approved tax changes to address fuel shortages.
    • The Russian government is considering subsidies and petroleum product imports to curb rising prices.

    Still unconfirmed:

    • The Russian National Automobile Union has proposed price caps at gas stations.
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