Russian Deputy Prime Minister Alexander Novak has directed ongoing collaboration with Russia’s regional administrations to drive fuel prices toward a level that stays in line with inflation. This directive was reported by the Official Telegram channel of the Russian government, signaling a coordinated effort to align national fuel costs with broader economic indicators.
Following the directive, Novak tasked the Federal Antimonopoly Service (FAS) and the Ministry of Energy with continuing work in areas where price pressures are most evident. The aim is to bring gasoline and diesel prices at both small wholesale and retail levels to a pace that ultimately tracks inflation over the year, ensuring a steadier price trajectory for consumers and traders alike. The message underscores a system-wide approach, combining monitoring with targeted interventions to address pockets of price volatility across the market (Source: Official Telegram channel).
Historically, President Vladimir Putin acknowledged measures taken to stabilize fuel costs, yet retail gasoline prices continued to rise in the months that followed. He stressed that the person purchasing the fuel at the pump cares about the final price and the outcome more than explanations for short-term fluctuations. The emphasis remains on delivering an effective result that reduces financial strain on households and business operations instead of focusing solely on the reasons behind price movements.
On September 21, the government instituted a temporary ban on exporting gasoline and diesel fuel in order to stabilize the domestic market’s prices. The export restriction was designed to keep essential fuels within national borders while safeguarding supplies for domestic consumers and strategic sectors. The policy contained an important exemption: it does not apply to EAEU member countries or to humanitarian aid shipments, ensuring that allied regions and relief efforts retain access to necessary fuel supplies during the stabilization period.
To further stabilize the fuel market, authorities increased the transparency and reliability of the supply chain. Measures included raising the standards for fuel shipments to stock exchanges and organizing closer monitoring of fuel purchases to meet the needs of agricultural producers. The intent is to prevent bottlenecks, ensure adequate stock levels, and maintain predictable pricing signals across producers, retailers, and end users. This comprehensive management strategy reflects a broader aim of balancing market interests with the country’s agricultural and industrial requirements (Source: Official Telegram channel).
Earlier statements indicated an agreement had been reached to implement price reductions in Crimea, signaling a regional dimension to the country-wide stabilization effort. The coordinated approach across different territories illustrates how national policy can translate into localized outcomes, helping consumers and businesses in various regions cope with price volatility while still supporting regional development and energy security (Source: Official Telegram channel).