Russia Refinery Payouts Hit Highest Since 2022 in Blow to Budget

Russian oil producers received subsidies to maintain domestic fuel supplies at their highest level since 2022, according to available data. The Kremlin allocated these payments to keep road fuel prices lower in the domestic market. The subsidy disbursements reduced federal energy revenues available for other spending.

• Bloomberg — Russia Refinery Payouts Hit Highest Since 2022 in Blow to Budget

Next story