Russia has announced a temporary ban on gasoline exports starting April 1 to prioritise domestic supply and stabilise fuel prices. The move comes amid global oil market volatility and concerns over rising domestic fuel costs. Officials say refinery output remains stable and stockpiles are adequate, but the export halt could tighten global petrol supply. Russia has previously imposed similar restrictions to control price spikes and shortages. India is unlikely to face a direct impact as it primarily imports crude oil rather than finished gasoline.

