Putin Relaxes Rules for Fuel Subsidies to Refiners Amid Strikes
Russian President Vladimir Putin has relaxed the rules on fuel subsidies to the country's refiners. This decision comes amid intensified Ukrainian attacks on the Russian oil industry. The new regulations will allow refiners to continue receiving billions of rubles in government aid, which is aimed at supporting the sector during these challenging times. The move is seen as an effort by the Kremlin to ensure the stability of the domestic fuel supply and mitigate the impact of the ongoing conflict on the energy sector. The decision underscores the strategic importance of the oil and gas industry to the Russian economy and the government's commitment to supporting it, even as the country grapples with the consequences of the war in Ukraine.
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