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Russia’s Fuel Market Partially ‘Stabilizing,’ Deputy PM Novak Says

Europe 1 source 1 country 🔦 Under-reported 14m ago

Russian Deputy Prime Minister Alexander Novak stated that the country’s domestic fuel market is experiencing partial stabilization. The assessment follows a period of market pressure that prompted targeted interventions by state authorities.

According to Novak, the government has implemented specific measures to relieve strain on the domestic supply. These actions include procuring foreign fuel and postponing routine maintenance at domestic oil refineries.

The reported stabilization efforts highlight ongoing state management of Russia's energy sector amid domestic supply challenges. Officials have relied on these temporary logistical adjustments to maintain market balance.

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Read the full story at the source Moscow Times · RU
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