MOSCOW, Russia - Russia's government announced Thursday it was temporarily limiting exports of petrol and diesel fuel to avoid shortages on the domestic market.
The announcement comes weeks after Moscow decided to extend a voluntary cut of oil exports until the end of the year in a coordinated move with Saudi Arabia aimed at propping up global crude prices. "The decision was made to stabilise fuel prices on the domestic market," it said, without specifying what kind of measures would be introduced.Farmers in some regions have been unable to harvest grain due to a shortage of fuel needed for agricultural machinery, local media outlets have reported.
Source: News Formal (newsformal.com)
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