Back to today’s briefing

Story perspectives

Fuel Crisis Hits 60 Russian Regions Amid Tariff Waivers

10/2/2025

46 8 Full Breakdown

Summary

Story summary

Fuel shortages affect 60 of Russia’s 83 subjects, with critical shortages in occupied Ukraine and Georgia.
The Ministry of Energy waives import tariffs until June 2026, risking budget pressure.
Lukoil imposes fuel-purchase limits; independent stations face bankruptcy from price controls and rising costs.
Kremlin extends gasoline export ban and increases imports from Belarus, offering relief but signaling broader strain.

History

Historical Context

The 1973 Oil Crisis, triggered by an OAPEC embargo, quadrupled oil prices and reshaped global energy policies. Today, Russia faces fuel shortages across 60 regions, worsened by sanctions and export bans following its invasion of Ukraine in 2022. This situation underscores ongoing vulnerabilities in energy supply chains, echoing past crises that have influenced international relations and economic stability.

1 of 2

Story summary

Fuel shortages affect 60 of Russia’s 83 subjects, with critical shortages in occupied Ukraine and Georgia.
The Ministry of Energy waives import tariffs until June 2026, risking budget pressure.
Lukoil imposes fuel-purchase limits; independent stations face bankruptcy from price controls and rising costs.
Kremlin extends gasoline export ban and increases imports from Belarus, offering relief but signaling broader strain.

1 / 2