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Russian gasoline prices have spiked 55% since January 2025 due to Ukrainian refinery strikes. Putin extended the fuel export ban until October. How does this affect Russia's wartime economic priorities?

Explanation

Putin faces an impossible choice: export fuel for revenue or keep it domestic to prevent social unrest. A ton of gasoline now costs 82,300 rubles ($1,023), up from 60 rubles per liter in July. The exp...

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