Russia has temporarily banned exports of gasoline and diesel to all countries outside a circle of four ex-Soviet states with immediate effect in order to stabilise the domestic market, the government said on Thursday.
It said the ban did not apply to fuel supplied under inter-governmental agreements to members of the Moscow-led Eurasian Economic Union, which includes Belarus, Kazakhstan, Armenia and Kyrgyzstan.
“Temporary restrictions will help saturate the fuel market, which in turn will reduce prices for consumers,” the government said in a statement.
The energy ministry said the measure would prevent unauthorised “grey” exports of motor fuels.