Russia now relies on imported gasoline after direct acknowledgment from the Russian government. Energy supply problems have extended to regions, including Crimea and Central Asia. Local petrol pumps are emptying quickly, leading to arguments at petrol stations. Authorities are taking away people who protest against the severe fuel supply issues.
European gasoline prices are climbing higher. S&P Global reported that local distribution issues and strong product margins caused the cost hikes. Meanwhile, MotorTrend reported on a fresh technology for cars that promises synthetic gas for under $5, aiming to provide a clean-burning fuel alternative.