Russia has a plan to ease the gasoline crisis: lower fuel standards, expand subsidies, and wait out Ukraine’s refinery strikes
Russia is going through an acute phase of its gasoline crisis. We’ve written before that several indicators — among them a drop in refining volumes to multiyear lows alongside high crude exports — point indirectly to a serious collapse in refining. All of this is unfolding against a campaign of long
AI Translated Summary:
Russia is facing a severe gasoline crisis, prompting plans to lower fuel standards and expand subsidies while enduring refinery strikes in Ukraine. The situation highlights a significant decline in refining volumes and high crude exports, indicating a potential collapse in the sector.
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