Russia to stop exporting petrol from April

Moscow: Amid the ongoing fighting in the Middle East, Russia has decided to stop exporting petrol from April 1. Russian Vice President Alexander Novak said that they will not export petrol in any way for the next four months. Alexander Novak held a meeting with his officials regarding this. He has ordered the officials of the energy department to stop exporting petrol. Media report

Accordingly, this decision will remain in effect until July 31.

Novak pointed to the sharp fluctuations in the price of crude oil. This is believed to be a direct effect of the ongoing fighting in the Middle East. Amid the war, he also said that international demand has increased unusually and that demand has strengthened.