Finance

Gasoline shortages in Russia that have sent prices higher will soon be resolved, minister says

Published by Global Banking & Finance Review

Posted on October 13, 2025

1 min read

· Last updated: January 21, 2026

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Gasoline shortages in Russia that have sent prices higher will soon be resolved, minister says
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MOSCOW (Reuters) -Russian Finance Minister Anton Siluanov said on Monday that he was confident that gasoline shortages which have caused an increase in the pump price at filling stations will soon be

Russian Minister Assures Resolution of Gasoline Shortages Soon

Overview of Gasoline Shortages in Russia

MOSCOW (Reuters) -Russian Finance Minister Anton Siluanov said on Monday that he was confident that gasoline shortages which have caused an increase in the pump price at filling stations will soon be overcome.

Current Price Trends

Prices for gasoline, which are tightly monitored by the authorities, are up 10.2% since the start of the year, partly due to a spate of Ukrainian drone attacks on Russian oil refineries.

Government Response and Future Outlook

"The most important thing is that gasoline is available at gas stations. Yes, prices have risen, but our task is to ensure the supply of petroleum products to the regions so that their economies and social sectors do not suffer," Siluanov said.

"Regarding the specific issue of fuel prices in certain regions, it is clear that there are currently some supply constraints, which, I am confident, will be overcome in the near future," he said.

(Reporting by Darya Korsunskaya; Writing by Gleb Bryanski; Editing by Andrew Osborn)

Key Takeaways

  • Russian gasoline shortages have led to price increases.
  • Finance Minister Anton Siluanov is confident in resolving the issue.
  • Prices have risen 10.2% due to supply constraints.
  • Government aims to ensure fuel availability across regions.
  • Ukrainian drone attacks have impacted oil refineries.

Frequently Asked Questions

What is gasoline?
Gasoline is a refined petroleum product used primarily as fuel in internal combustion engines. It is a complex mixture of hydrocarbons and is derived from crude oil.
What are oil refineries?
Oil refineries are industrial facilities that convert crude oil into useful products like gasoline, diesel, and other petrochemicals through various refining processes.
What is price inflation?
Price inflation refers to the general increase in prices of goods and services over time, leading to a decrease in purchasing power.
What are economic sectors?
Economic sectors are distinct areas of the economy that produce goods or services. The primary sectors include agriculture, manufacturing, and services.

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