In Russia, the retail price for petrol has increased by 18% in annual terms, and another 8% rise is expected before the end of the year, - Foreign Intelligence Service of Ukraine It is expected that such a price hike will serve as a new catalyst for the overall increase in consumer prices. The key factors include the delayed inflationary effect (9.5% for 2024 and 10.2% for January-April 2025), increase in excise taxes (+4%), reduction in budget subsidies to oil companies, and increase in Transneft’s transportation tariffs (up to +10%). Against this background, Russia has almost halved its maritime petrol export. In May, it fell to 130,000 tons, which is 47% below last year’s volumes.