... production within the country. The government assures that it will act preventively going forward: if necessary, restrictions on oil product exports could be extended, and additional resources could be swiftly directed from reserves to regions. So far, the fuel crisis is being contained: despite record exchange prices, retail prices at gas stations are rising much more slowly (within inflation, about 5% since the beginning of the year). It is crucial for the authorities to avoid a repeat of last year’s scenario,...

... received a colossal influx of weapons and resources, which were partly directed against the USSR in Afghanistan, but also to fuel underground movements in Punjab and Kashmir. The build-up of military power, combined with the absence of political dialogue,... ... last minute through diplomatic efforts (notably, through the personal meeting of Zia and Rajiv Gandhi at a cricket match). This crisis illustrated how easily large-scale exercises could be perceived as preparations for an attack. At that time, the countries ...

... almost 3.1 trillion rubles, which is comparable to the planned budget deficit for 2024, which is 3.3 trillion rubles. However, oil producers still cannot keep gasoline prices in line with inflation, which marks a key difference between the current fuel crisis and last year's. Last year, the trigger for the price increase was the Finance Ministry's attempt to "halve" the damper, after which oil producers, in order to compensate for losses, raised exchange prices, which prompted the regulator ...

... prioritize domestic supply. The government states it is acting proactively: if necessary, export restrictions on petroleum products will be extended further, and regions facing shortages will promptly receive additional resources from reserves. So far, the fuel crisis is managed: despite record exchange prices, retail fuel costs at gas stations have only increased by about 5% since the beginning of the year (within the inflation limits). It’s crucial to avoid a repeat of last year’s scenario when a sharp ...

... domestically. Authorities have stated that they will act preemptively: if the situation requires, restrictions on the export of oil products will be extended again, and fuel from reserves will be swiftly directed to regions in need. Currently, the "fuel crisis" is being managed: despite extreme wholesale prices, retail prices at gas stations have increased by about 5% since the beginning of the year—close to the general level of inflation. The government intends to avoid a repeat of last year's ...