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Gasoline Price Spike Adds to War’s Economic Toll for Russians (opens original article in a new tab)

TL;DR

Russia's gasoline prices surged, worsening inflation and economic strain due to refinery attacks and production drops.

  • Gasoline prices in Russia increased 3% to 71.20 rubles per liter, the largest weekly rise in 20 years.
  • Ukrainian attacks on refineries caused fuel shortages, prompting sales limits and stockpiling concerns.
  • Annual inflation in Russia rose to 5.8% as fuel prices and production declines exacerbate economic pressures.

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