... prices exceed a certain threshold, payments to oil companies will be reduced. An increase in the mandatory sales norms for fuel on the exchange is also being considered (currently set at 15% of production for gasoline) — this will enhance liquidity in trades and saturate the market with supply. In August, the rate of growth in retail prices will slow down somewhat — oilmen will hold prices to expedite the lifting of the export ban. However, the restrictions will likely remain in place into September — a repeal is not expected until closer to the cold season when fuel demand begins to decline. — Sergey Tereshkin , comment for RBC The market has already reacted to the announced interventions: ...

... continuing to import significant volumes of Russian oil but is also reselling part of these purchases in the open market for profit. Washington regards such operations as undermining efforts to isolate Russia. The White House has also indicated that similar trade restrictions could threaten other countries actively purchasing hydrocarbons from the RF. Concurrently, the U.S. signals readiness for further tightening of sanctions post-August 8 if its demands are not met. This amplifies uncertainty in the global oil ...

... continuing to import large volumes of Russian oil but is also reselling some of these purchases on the open market for profit. The U.S. administration refers to such operations as undermining efforts to isolate Russia. Washington has also hinted that similar trade restrictions could threaten other countries actively purchasing hydrocarbons from the Russian Federation. Meanwhile, the U.S. signals its readiness to escalate sanction pressure after August 8 if its demands are not met. These steps exacerbate uncertainty ...

... Switzerland, Canada, South Africa, and Taiwan. Investors and analysts are closely monitoring the repercussions of this move, which could significantly affect trade flows and company profitability. Which Countries are Affected by the New Tariffs? The new trade restrictions pertain to imports from 16 countries, with tariff rates ranging from 15% to 40%: Laos – 40% Myanmar – 40% Switzerland – 39% Canada – 35% South Africa – 30% Taiwan – 20% Sri Lanka – 20% Vietnam – 20% Cambodia – 19% Indonesia ...

... Demand and Trade Policy. Market participants are closely monitoring the global external trade situation. The U.S. has secured key trade agreements with the European Union, Japan, and several other partners, avoiding a full-scale tariff war and supporting confidence ... ... winter season) to secure high reserve levels for future winters. Additionally, politically, the EU is discussing potential new restrictions on the import of Russian gas, reflecting a desire to finally reduce dependence on supplies from the Russian Federation....