Moscow – Russia has announced a temporary ban on petrol exports starting April 1, heightening uncertainty in the global energy market and raising concerns over potential price increases.

According to international media reports, the ban will initially remain in effect until July 31, 2026. Countries heavily dependent on Russian refined petrol—including China, Turkey, Brazil, and several African nations—are expected to be most affected.

Reports indicate that amid rising geopolitical tensions in the Middle East and fluctuations in global oil prices, Russia has decided to safeguard its buffer stocks. The move aims to prioritize domestic needs and ensure affordable fuel supply for households and industries, helping to control inflation.

Russia’s Deputy Prime Minister, Alexander Novak, stated that the decision is primarily intended to protect domestic consumers. He noted that during the agricultural season and scheduled refinery maintenance, petrol demand within the country rises, making it necessary to limit exports.

Russia is one of the world’s largest oil-producing countries, so any change in its export policies directly impacts the global market. However, the ban will not apply to Eurasian Economic Union member states or to countries with which Russia has special agreements.

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