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Russia Begins Maritime Gasoline Imports From India

The purchases aim to ease shortages caused by Ukrainian strikes but available shipments look small compared with peak summer fuel demand.

Overview

  • Reuters reporting indicates at least about 60,000 tonnes of gasoline left India for Russia on two tankers in the first maritime shipments identified so far.
  • Many Russian regions are facing rationing, long queues and record retail prices after refinery damage reduced domestic gasoline output by roughly a quarter.
  • Belarus has sharply stepped up rail deliveries to Russia, sending over 70,000 tonnes in the first half of June compared with early May levels.
  • Moscow and lawmakers have approved tax-code changes and import subsidies and say they are negotiating fuel purchases with foreign partners to increase supplies.
  • Key details remain unclear about suppliers and logistics, and planned imports are likely insufficient against estimated summer demand of about 110,000 tonnes per day, keeping pressure on prices and availability.