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Novak: Russia may restore the gasoline export ban if necessary
Investing.com – Russian Deputy Prime Minister Alexander Novak said on Thursday that Russia may lift its gasoline export ban if necessary.
Novak also reported that the trading price of Russia’s flagship crude oil, Urals, has reached or exceeded the level of Brent crude oil.
Novak’s remarks indicate that Russia is prepared to adjust its fuel export policies based on market conditions. Previously, Russia implemented temporary restrictions on fuel exports to ensure sufficient domestic supply and stabilize local prices.
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