Russia's Fuel Crisis Eases as Refineries Restart, Stabilizing Oil Supply

Russia's Fuel Crisis Eases as Refineries Restart, Stabilizing Oil Supply

Russia's Deputy Prime Minister Alexander Novak stated Sunday that the nation's fuel crisis is gradually stabilizing as a number of oil refineries have resumed operations. This has led to a better balance in supply, significantly improving the situation at fuel stations and for agricultural producers. The easing of the crisis suggests a potential stabilization or downward pressure on international crude oil prices. For Pakistan, this could indirectly help moderate imported inflation and potentially ease pressure on the USD/PKR exchange rate.

بحوالہ / Source: oilprice.com