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Significant Fuel Crisis Triggers Tax Revisions in Russia

2026-06-24 10 Dailymotion

The legislative body in Russia has sanctioned modifications to the tax framework aimed at mitigating fuel scarcities following a series of Ukrainian drone strikes that impacted key refineries. The adjustments permit the incorporation of inferior-grade materials into fuel and provide financial support for imports aligned with Indian pricing and shipping expenses. Local shortages have already led to extended lines and escalating costs at gas stations. Industry insiders report that gasoline production dropped to approximately 90,000 metric tons per day last week, marking a decline of about 25% compared to June 2025 figures, while maritime oil product shipments decreased by around 15% in early June.