Russia Refinery Payouts Hit Highest Since 2022 in Blow to Budget
Russian subsidies paid to oil producers for keeping road fuels in the domestic market climbed to the highest in more than four years, eating into the Kremlin’s energy revenues.
By Bloomberg News · Bloomberg Markets
Russian subsidies paid to oil producers for keeping road fuels in the domestic market climbed to the highest in more than four years, eating into the Kremlin’s energy revenues.