#Elvira Nabiullina

The Russian government has extended the ban on gasoline and diesel exports until January 2027. The decision was made against the backdrop of Ukrainian drone attacks on refineries, which disabled 40% of capacity and caused a fuel shortage for 50 million Russians. 🛢️🚫

Central Bank head Elvira Nabiullina admitted that the fuel crisis in Russia is already pushing inflation up. The rise in gasoline prices due to strikes on refineries is spreading to the prices of goods and services, although the regulator calls this a temporary phenomenon. 📉⛽️🚀