Russia is buying gasoline from India to tackle fuel shortages on its domestic market. This was reported by Qazaqyia.kz citing Reuters.
According to sources, the Russian government is taking urgent measures to control rising fuel prices and shortages. The situation has arisen due to repairs at Russian refineries and export restrictions.
Importing gasoline from India is a rare move for Russia, as the country is typically a net exporter of oil products. However, recent months of domestic difficulties have forced Russia to seek alternative suppliers.
Reuters reports that these purchases may help ease instability in Russia's fuel market. Sources did not disclose the exact volumes of the deal, but it indicates a significant shift in Russia's energy sector.