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Macron Proposed Imposing Sanctions On Gasoline Shipments To Russia

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Macron Proposed Imposing Sanctions On Gasoline Shipments To Russia
EMMANUEL MACRON
PHOTO: GETTY IMAGES

Following the Ukrainian Armed Forces' attacks on the oil refinery, Russia began importing fuel.

French President Emmanuel Macron, speaking at a meeting of the “Coalition of the Willing,” proposed that allies cut off fuel supplies to Russia. He noted that in recent months, Russia—which had long been a major exporter of energy resources—has itself begun importing them, according to UNIAN.

“Russia is now purchasing diesel fuel, oil, and gas from third countries due to our measures against the shadow fleet and thanks to the highly effective actions of the Ukrainian army. And I think it’s very important that we impose new sanctions to prevent our own countries or companies from supplying these resources to Russia,” Macron noted. In this regard, he pointed out the need to monitor the activities of Swiss and other intermediaries through whom Moscow may be receiving Western fuel.

In mid-August, European Union Foreign Affairs Commissioner Kaja Kallas announced the preparation of the “most extensive” package of sanctions against Russia since the start of the war in Ukraine, which is scheduled to be approved this fall. The latest, 21st package of EU measures was adopted on July 23. Among other things, the restrictions affected oil traders, the energy sector, and the shadow fleet.

Meanwhile, a second wave of the fuel crisis is gaining momentum in Russia, as Deputy Prime Minister Alexander Novak acknowledged on August 19. According to him, the government is trying to stabilize the situation by banning gasoline and diesel exports, establishing supplies from abroad, and implementing other measures. It was previously reported that Russia had increased gasoline imports from Belarus 25-fold and had begun purchasing it from India, other Asian countries, and Morocco.

The fuel crisis in Russia has worsened following a new series of Ukrainian strikes on oil refineries. Since the beginning of August, more than 10 facilities in the industry have been targeted, and at least five have shut down. Refining volumes are currently one-third below the seasonal norm, according to Rystad estimates.

According to the BenZinMap portal, which compiles information on the situation based on media reports, as of August 24, 63 out of 85 regions were forced to maintain restrictions on gasoline sales, while 19 experienced localized shortages or price increases. Gasoline sales limits have even been imposed in Moscow, despite the fact that the city receives priority supplies ahead of the State Duma elections, with fuel being transported from the Urals and Siberia.

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