Since the Beginning of 2025, Petrol Prices in russia Have Risen by More than 25 %

Against the background of soaring fuel prices, the russian government is considering a complete ban on petrol exports, which could have far-reaching consequences for both the energy sector and russians who already feel the burden of the government’s nonaffective policy.

As a result, stock exchange prices for petrol have skyrocketed. In June, AI-95 petrol went up by 11 % to RUB 67,456 a ton, and AI-92 – by 12 % to RUB 64,462. Since the beginning of the year, the increase has been over 25 %, which is already having a significant impact on consumers’ wallets.

Authorities are discussing expanding of the current restrictions – from traders and oil depots to direct producers, including key state players such as “Rosneft”. In parallel, the kremlin is considering reducing compensation to oil companies under the damper mechanism – a tool designed to curb the growth of domestic fuel prices.

Despite the recent decline in global oil prices, exports of petroleum products remain one of the few stable sources of foreign exchange earnings for russia’s economy. A complete ban on petrol exports is likely to further undermine the industry’s profits and will not bring immediate relief to the domestic market.