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Russia Halts Gasoline Exports to Stabilize Domestic Fuel Prices

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR:

  • Russia’s ban on gasoline export will begin on April 1 and continue until July 31 so as to secure domestic fuel supply stability.
  • The decision follows global oil disruptions linked to Middle East tensions and Strait of Hormuz shipping pressures.
  • Authorities confirm stable refinery output and sufficient reserves to meet domestic gasoline and diesel demand.
  • Export restriction aims to reduce exposure to global price swings and maintain predictable internal fuel pricing.

Russia will ban gasoline export ban beginning April 1 and will run until July 31, targeting domestic fuel price stability. Authorities confirmed the policy as a response to global energy volatility and increasing external market pressures affecting supply chains.

Policy Action Amid Global Oil Market Disruptions

The ban was announced following a government meeting led by Deputy Prime Minister Alexander Novak. The measure focuses on safeguarding domestic fuel availability during periods of global uncertainty. 

Authorities stated that the decision supports internal price stability. Global oil markets have faced disruptions due to tensions involving Iran and neighboring regions. 

Military activity has contributed to supply uncertainty, while retaliatory strikes have affected infrastructure. These developments have increased pressure on global energy flows.

Shipping routes, including the Strait of Hormuz, have also experienced disruptions. This route carries a significant share of global oil shipments daily. 

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Any interference raises transport costs and limits predictable supply movement across markets. “Energy exporters are prioritizing domestic stability as geopolitical risks reshape global trade flows.”

This aligns with the broader trend of nations adjusting export policies in response to external shocks.

Domestic Supply Strength and Market Response

Despite the export restrictions, Russia maintains stable refinery output levels. Processing volumes remain comparable to those recorded in the previous year. 

This supports a consistent fuel supply within the domestic market. Energy officials confirmed that gasoline and diesel reserves remain sufficient. 

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High refinery utilization rates ensure steady production and distribution. These factors help meet internal demand without immediate supply constraints.

Russia exported about 5 million metric tons of gasoline in 2025. That equals roughly 117,000 barrels per day. 

Redirecting this volume into domestic use supports the objective of price stabilization. The Russian gasoline export ban also reflects a continuation of earlier interventions. 

Authorities have previously restricted fuel exports to address shortages in certain regions. These measures were introduced during periods of heightened demand and refinery pressure.

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Market observers note that domestic pricing remains a key policy focus. By limiting exports, authorities aim to reduce exposure to global price volatility. 

This approach allows internal markets to remain more insulated from external shocks. The policy is scheduled to remain active until July 31. 

Government agencies continue monitoring refinery output, demand patterns, and global developments. Any changes will depend on how external pressures evolve and how domestic supply holds.

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Ethereum Foundation Stakes $46M ETH after BitMine Sale, Ramps up 70K Plan

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Ethereum Foundation Stakes $46M ETH after BitMine Sale, Ramps up 70K Plan

The Ethereum Foundation has accelerated its treasury staking push, deploying $46.2 million in Ether in its largest move to date after the recent BitMine sale.

On Monday, the foundation’s treasury multisignature wallet made 11 deposits into the Ethereum Beacon Deposit Contract, each of roughly 2,047 Ether (ETH), totaling 22,517 tokens worth roughly $46.2 million, according to data from Arkham Intelligence.

The Ethereum Foundation started staking ETH in February, depositing 2,016 ETH and outlining plans to stake up to 70,000 ETH, with rewards reinvested into research, ecosystem development and grants.

EF staking ETH. Source: Arkham

The foundation also deposited a smaller 31 ETH tranche earlier this month, bringing the total staked holdings to roughly 24,564 ETH as it shifts to staking to generate yield, rather than relying on periodic ETH sales, which have historically drawn criticism.

Related: Ethereum builders propose ‘economic zone’ to tackle L2 fragmentation

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EF sells 5,000 ETH to BitMine in OTC deal

The new staking move comes after the EF completed an over-the-counter (OTC) sale of 5,000 Ether to BitMine Immersion Technologies, valued at about $10.2 million. The foundation said proceeds would support core operations, including protocol research, ecosystem growth and community grants.

The transaction marked the foundation’s second direct OTC sale to a corporate buyer, following a 10,000 ETH sale to SharpLink Gaming in July 2025.

The EF currently holds about $361 million in onchain assets, with the vast majority, roughly $360.8 million, held in Ether on the Ethereum network, alongside small balances across networks like Arbitrum, Optimism and Bitcoin, according to Arkham.

Related: Ethereum risks losing No. 2 spot as stablecoins gain ground

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Ether price risks further decline

Ether fell below the $2,000 level over the weekend, raising the risk of a deeper correction. Analysts, including Onur, CryptoWZRD and Ted Pillows, pointed to repeated failures at $2,200 and weakening momentum, with some warning ETH could fall toward the $1,750–$1,850 range.

Demand for Ether has also turned negative, hitting its lowest level in 16 months, according to Capriole Investments.

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