Russia considers fuel imports after Ukrainian refinery strikes

In light of Ukrainian drone attacks on its oil refineries, Russia is contemplating the importation of fuel and the implementation of subsidies to control prices. This topic was addressed during a meeting led by Deputy Prime Minister Alexander Novak on Monday, as reported by Vedomosti. Various regions in Russia, which ranks as the third-largest crude oil producer globally, are experiencing limitations on fuel availability, escalating prices, and lengthy lines at gas stations. Following the assaults, Russia has already prohibited the export of petrol and jet fuel. Two sources within the industry informed Reuters that the idea of subsidies for imported fuel is also under consideration to manage prices, a delicate matter for the populace that could spark broader inflation.