Russia

Oil companies keep gas station prices at or below inflation — Deputy PM Novak

TASS English · 2026-07-10

AI SUMMARY

• What happened: Russian Deputy Prime Minister Alexander Novak announced that major Russian oil companies are maintaining gas station prices at or below the inflation rate. • Why it matters: This pricing strategy aims to prioritize direct fuel supply to consumers and regions with independent operators, potentially stabilizing fuel costs amid rising economic pressures. • What to watch next: Authorities are investigating higher fuel costs in Crimea and Sevastopol, which may lead to changes in logistics and pricing strategies in those regions.

Oil companies keep gas station prices at or below inflation — Deputy PM Novak Earlier Alexander Novak stated that major Russian oil companies had prioritized supplying fuel directly to consumers through their own gas stations and to regions with independent operatorsMOKSHINO /Tver Region/, July 10. /TASS/. Russia's vertically integrated oil companies are keeping prices at their gas stations at or below the inflation rate, Russian Deputy Prime Minister Alexander Novak told reporters. "Vertically integrated companies, our main producers of petroleum products, are keeping prices in line with inflation," he said. Earlier the Deputy Prime Minister stated that major Russian oil companies had prioritized supplying fuel directly to consumers through their own gas stations and to regions with independent operators. According to him, vertically integrated companies -- including Rosneft, Gazprom Neft, Lukoil, Tatneft, and Surgutneftegas -- own just over 9,000 out of a total of 29,000 gas stations in Russia. The remaining stations belong to independent operators, who previously purchased most of their fuel on the commodities exchange or from intermediaries. Meanwhile, Russian authorities, together with the Federal Antimonopoly Service, are investigating the reasons for higher fuel costs in Crimea and Sevastopol, which Novak noted are linked to more complex logistics. Authorities doing their best to protect refineries, maintain fuel output — Deputy PM NovakThe official noted that the authorities intended to ensure additional fuel shipments to the regionsRead moreRussia-Belarus human rights report to be handed over to UN commissioner soonThere has been no official substantive reaction to the reports yet, Grigory Lukyantsev, Russian Foreign Ministry's department director, saysRead morePossibility of Putin-Trump conversation, US duplicity — topics of Peskov's briefingRussia believes US President Donald Trump was mistaken in suggesting that an escalation of military operations between Russia and Ukraine could contribute to an early settlement, Dmitry Peskov statedRead moreTechnical talks between US, Iran continue — ReutersThe news agency said, citing a US official, that Washington is still committed to finding a solution with IranRead moreFACTBOX: What we know about foiled attack on military airfield in Rostov-on-DonThe FSB identified a Russian citizen in the Rostov Region sought by Ukraine's military intelligence to recruit to carry out a sabotage and terrorist attack in exchange for a monetary reward after blowing up the Rostov-Central military airfieldRead moreNetanyahu tells Trump that Erdogan’s anti-Israeli remarks were seriousThe Israeli prime minister emphasized that the remarks were directed against the existence of the State of IsraelRead moreMozambique, Russia to hold intergovernmental commission meeting in SeptemberMozambican Foreign Minister Maria Manuela dos Santos Lucas says the talks would focus on the economic sphereRead moreIran was able to ‘smash’ US, Israel, despite NATO involvement in conflict — MPAlaeddin Boroujerdi highlighted that the Americans saw it as their goal to interfere in the affairs of every independent country and bring war to itRead morePolitician says Kiev behind Monaco attack over tycoon’s plan to expose Ukraine corruptionViktor Medvedchuk says the uncovering of the schemes "would have spelt a disaster for the Kiev regime ahead of the NATO summit"Read moreFrance wins quarter-final match against MoroccoThe team beat Morocco 2-0Read moreRussian troops strike Ukrainian army’s logistics centers, energy sites in past dayThe Ukrainian army lost roughly 1,385 troops in battles with Russian forces in all the frontline areas over the past 24 hoursRead moreSpain 'nobody’s lackey,' Spanish minister says in response to TrumpPablo Bustinduy emphasized that he wasn't ruffled by the US president’s latest remarksRead moreIsrael to join new US attacks on Iran if necessary — NYPAccordung to the report, Israel is "not eager to go back to the day when people have to go to shelters"Read moreSingle Russian Lancet drone crew destroys 20 pieces of Ukrainian equipment in DPRThe targets hit included a Bogdana self-propelled gun, a T-62 tank, and armored combat vehicles transporting Ukrainian troops and ammunition to the front linesRead moreDiplomat reveals number of Russian civilian casualties from past week’s attacks by Ukraine38 Russian civilians, including one child, were killed, Foreign Ministry Spokeswoman Maria Zakharova saidRead moreNew US strikes on Iran receive unofficial designation Operation "Bitch Slap" — NYPAccording to the publication, such a designation indicates that some administration officials expect a "painful but brief" military actionRead moreOver 40 million people attend farewell ceremonies for Khamenei in Iran — TVThe ceremony was "the largest procession the world has ever seen," the channel reportedRead moreBritish singer Bonnie Tyler dies at 75The singer passed away in a hospital in Portugal following an illness for which she was undergoing treatmentRead moreNo hope in human rights situation in Ukraine — Russian Foreign MinistryGrigory Lukyantsev, Russian Foreign Ministry's department director, says the section on this country has become the largest in the joint report of Russia and Belarus on the human rights situation in some countriesRead moreState of emergency introduced in Zaporozhye Region from July 9 due to drone-induced firesThe total area of destroyed winter wheat crops amounts to 1,479 hectaresRead moreTurkey sells Russian-made S-400 systems to Gulf nation — newspaperAccording to the report, the United Arab Emirates and Qatar have been mentioned in this regard, but it is better to wait for an official announcementRead moreRussia aims to assist Mozambique in achieving economic self-reliance — LavrovAccording to the Russian top diplomat, the primary task is to secure additional economic projects that will foster Mozambique’s economic independence and uphold its right to choose its own partners on the international stageRead moreNATO summit sought to draw Trump into conflict with Russia — diplomatRodion Miroshnik emphasized that maintaining strategic uncertainty is one of the main features of European policy, in particular, "against this backdrop, it is very easy to make high-profile statements that have no real outcome"Read moreWashington kicking Kiev Patriot license is bargaining ploy — Russian MPAccording to Konstantin Basyuk, even if the license is transferred immediately, setting up full-scale production, training specialists, and establishing component supplies will take a long timeRead moreOil refinery fire, evacuations in Taganrog, 376 UAVs target Russia: new attacksA fire broke out at the Ilsky oil refinery in the Seversky district of the Krasnodar Region after UAV debris fell on the siteRead moreChina opposes rising tensions in the Arctic — Foreign Ministry"China firmly opposes the stoking of the so-called 'Chinese threat' myth, as well as the creation of tensions and confrontation in the Arctic," Mao Ning saidRead moreRussia has sufficient potential to continue special military operation — KremlinRussia is ready for a peaceful resolution but has enough capability to act independently, Dmitry Peskov stressedRead morePress review: US, Europe may clash over Ukraine as China missile alarms Pacific regionTop stories from the Russian press on Tuesday, July 7thRead moreIran’s late Supreme Leader Khamenei laid to rest in MeshhedKhamenei was buried at the Imam Reza Holy Shrine, alongside his family members who were also killed as a result of US-Israeli bombingsRead moreCzech president says West has two-month 'window' to restart Russia talks — The TelegraphPetr Pavel also called for further militarizing EuropeRead moreMozambique plans to cooperate with Russia on economic development — LavrovThe Russian foreign minister drew attention to the continued dependence of many African countries on their former colonial powers and other Western nationsRead moreEvacuation underway in Russia's Taganrog after UAV attackThe UAV threat remains in effect in the city, Mayor Svetlana Kambulova saidRead morePress review: MidEast tensions fuel US politics and world economy adapts to Hormuz crisesTop stories from the Russian press on Friday, July 10thRead moreOil base reservoir in Tver Region catches fire after Ukraine’s drone attackThe fire has been localized, no casualties were reported, Vitaly Korolev saidRead moreJapan supports anti-Russian sanctions, but maintaining ties is important — senior diplomatAccording to Takeshi Akahori, Tokyo "will act accordingly, based on what serves its national interests"Read moreWest does not care how many people killed in Russia, Ukraine — Russian diplomatRussia's Acting Permanent Representative to the UN Anna Yevstigneyeva stated that "deaths of innocent civilians, killings of women, children and the elderly will not stop them"Read moreRussia’s Battlegroup West destroys 108 Ukrainian heavy quadcopters over past 24 hoursIn addition, six field ammunition depots, 45 unmanned aircraft control centers, and a Starlink satellite communications station were identified and eliminatedRead morePatriot license transfer to Kiev aimed at securing US firms in Ukraine — expertAlexander Stepanov added that the technology transfer implies setting up costly production linesRead moreRussian troops using newest Zavarukha counter-battery system in special op zone — NPO Alfa"The latest counter-battery system Zavarukha is the most compact sound reconnaissance system for detecting enemy firing positions," the company saidRead morePolish politician's aid to Russian troops signals fatigue with anti-Russian line — expertEarlier, Krzysztof Tolwinski provided Russian military personnel with first-aid kitsRead moreLondon, Stockholm courts issue unlawful rulings on Russian companies — PutinHead of the Russian Chamber of Commerce and Industry Sergey Katyrin stressed that they were politically motivatedRead moreRussia remains in contact with Turkey on S-400 issue — KremlinEarlier, the Turkish pro-government newspaper reported that the S-400 systems purchased by Turkey from Russia had been sold to one of the Persian Gulf countriesRead moreDeath toll from Venezuela earth quake climbs to 3,88916,740 people were injured and 17,907 were left homeless, said Jorge Rodriguez, the president of the National AssemblyRead moreFire at port, evacuation, emergency response: Taganrog in aftermath of drone attackAn emergency response center has been establishedRead moreTurkey's first nuke plant to be commissioned later this year — Rosatom CEOAlexey Likhachev says the project is "a key task" facing Russia’s state atomic energy corporationRead moreIsrael ready to resume campaign against Iran — defense ministerThe United States and Israel started a war with Iran on February 28Read moreSome Iranian missiles fired at US bases in Middle East reached targets — WSJUS officials claimed the attacks had caused minor damage and no casualtiesRead moreEurope speculates about Russia's alleged defeat to justify militarization — diplomatThe notion that Russia, suffering defeat, might suddenly strike NATO territory tomorrow is utterly illogical, Anna Yevstigneyeva emphasizedRead moreIN BRIEF: Five injured in car accident involving Kursk Region top officialFirst Deputy Governor and Chairman of the Kursk Region government Alexander Chepik was not injuredRead moreNaval base in southeastern Iran comes under attack — news agencyGovernor of the Konarak County Mohammad Younes Haqqani says the attack, which was carried out in two stages, using fighter jets, resulted in two explosionsRead morePress review: NATO summit pledges 140 bln euros for Ukraine and US ends Iran peace effortsTop stories from the Russian press on Thursday, July 9thRead moreRussia kills Ukrainian drone commander, border officer in special op zoneThe official also said that the Hawks took part in the invasion of the Kursk Region and terrorized the people of the border areas with dronesRead moreSCO, Laos sign memorandum on Dialogue Partner status for VientianeAccording to SCO Secretary-General Nurlan Yermekbayev, Vientiane is ready to play an active part in the SCO’s workRead moreUkrainian troops abandon weapons, ammunition made in Poland, France, Italy in VasilyevkaCommander Mikhail Knyazkin says "a huge amount" of weapons and ammunition was left behindRead moreChina unlikely to secure leadership in Arctic without Russia — expertChina has no territory above the Arctic Circle, Irina Strelnikova, director of the Center for Interdisciplinary Arctic Research at HSE University, saidRead moreWestern diplomats call Russia anonymously to discuss human rights reportGrigory Lukyantsev highlighted that outwardly the Western diplomats pretended that the report did not existRead moreRussia's oat exports up more than 50% in 1HAccording to expert estimates, in the first six months of 2026, Russia exported more than 170,000 metric tons of oats worth about $36 mlnRead moreRussians' trust level in Putin exceeds 72% — pollThe activities of the Russian government are approved by 44.9% of respondentsRead moreRussian tech firm Gagaring offers jobs to Volkswagen employees on chopping blockFor those who accept the offer, the laboratory guarantees permanent employment contracts, a competitive salary, and comprehensive relocation support for specialists and their familiesRead moreUS warplanes again detected circling over Persian GulfBesides, two more planes are flying over the Persian Gulf coast and two - over the neutral waters of the Gulf of OmanRead morePress review: NATO summit sets Ukraine support as EU resists sanctions critics in EU blocTop stories from the Russian press on Wednesday, July 8thRead moreKremlin comments on contact with Turkey over S-400s, Ukraine buffer zoneAccording to Dmitry Peskov, Russia and the United States continue to maintain working-level contact as part of their bilateral dialogueRead moreAist reconnaissance-strike system was demonstrated in KazanIvan Terekhov, Executive Director of Irbis Sky Tech, noted that the Aist has already undergone testing in the special military operational zoneRead moreEurope openly prepares for war with Russia — representative to OSCEDmitry Polyansky said that only "shock therapy" could potentially shake the West out of its "militaristic psychosis"Read moreUp to 11 parties to appear on federal ballot in Russian parliamentary elections — officialCentral Election Commission Chairperson Ella Pamfilova pointed out that political parties were required to hold congresses to nominate their candidates no later than July 11, 2026Read moreChinese embassy to US expects Kiev to view Beijing’s role in Ukraine context objectivelySpokesperson Liu Chang says dialogue and negotiations are the only viable way out of the crisisRead moreUS prepared for potential strikes on Iran, conducting diplomacy for now — TVUS officials told CNN that the situation is dynamicRead moreKiev doesn't consider consequences of continued attacks on nuke sites — Russian diplomatAnna Yevstigneyeva emphasized that there was no military logic in those attacksRead moreIran uses Soviet-era fighter jets to provide security at Khamenei's funeralThe jets conducted patrols to secure the airspace over Mashhad as part of heightened security measuresRead moreEx-Moldovan PM calls court move to limit autonomous region’s rights unwise"Moldova’s authorities have embarked on a course to limit the rights of Gagauzia’s autonomy and suppress dissent, deepening the rift in Moldovan society and creating a dangerous precedent for weakening the fundamental agreements on which the country’s unity is based," Vasile Tarlev pointed outRead moreRussian stock market declines at start of tradingAs of 10:00 Moscow time, the MOEX and RTS indices fell by 0.54%, to 2,174.85 and 901.22 points, respectivelyRead moreRussian, Chinese ships enter Yellow Sea for Joint Sea-2026 drillsThe press service recalled that commanders and officers had previously completed planning for the sea phase of the drills using navigation chartsRead moreRosatom CEO, IAEA chief start meeting in KaliningradThe sides are expected to discuss the situation around the Zaporozhye nuclear power plant and the Bushehr NPP in IranRead moreRussia no longer trusts West’s declared readiness to negotiate — LavrovThe Russian Foreign Minister says negotiated solutions were reached back in 2014, 2015, and 2019, but the West’s guarantees were dismantled by the West itselfRead moreMuhammad most popular boys name for newborns in England, Wales for third straight yearThe second and third most popular male names were Noah and LeoRead moreUkraine to get Patriot missiles soon — ZelenskyVladimir Zelensky also said that Kiev and Washington had reached agreements about producing interceptor missiles for the Patriot systems on the territory of UkraineRead moreNo specific plans for political contacts with Russia, senior Japanese diplomat saysTakeshi Akahori added that no contacts were planned on the sidelines of upcoming ASEAN events in Manila in mid-JulyRead moreRussia waits for OPCW to react to Kiev’s use of toxic chemicals — permanent representativeFor instance, Russia informed the organization about the discovery of smoke grenades with chloropicrin at Ukraine’s positions in the DPR, as well as about a Ukrainian drone attack carried out with improvised munitions containing the same substance on a school building in the DPRRead moreTrump’s proposals on Ukrainian airspace closure represent something new for MoscowDmitry Peskov stressed that the proposal voiced by the American president contradicted one of the set objectives of the Russian special military operationRead moreIN BRIEF: FSB foils major series of terrorist attacks targeting Russian service membersAs a result of operations conducted by law enforcement officers, a terrorist accomplice, a Russian female citizen, was detainedRead moreForeigners helped Kiev make drone for attempt on life of senior Russian officer — FSBThis follows from an audio recording of a telephone conversation between a Russian detained in Krasnodar and his Ukrainian handlerRead moreIsrael to return first part of captured territories to Lebanon within days — CNNCENTCOM is coordinating with both countries to move forwardRead moreUS finds itself in strategic dead end in situation with Iran — expertNone of the Washington administration's approaches to Tehran have worked, Richard N. Haass saidRead moreNATO's aggressive actions and countering Patriot systems: Kremlin's statementsDmitry Peskov noted that the Russian government is doing everything necessary to protect the countryRead moreKey statements from President Putin's meeting with Cabinet on fuel situationThe president noted that Russia's current fuel difficulties are temporary, adding that the country's energy sector possesses a high margin of safetyRead moreNobody going to admit Ukraine to NATO even in a decade, former PM saysNikolay Azarov added that, at the same time, no NATO ally receives as much funding, the same amount of modern weapons, intelligence, and political support as UkraineRead moreOrganizers announce Eastern Economic Forum’s theme for 2026The forum will take place in Vladivostok on September 1-4Read moreUN charter relevant while Germany, Japan, Italy vote against resolution on NazismGrigory Lukyantsev, Russian Foreign Ministry's department director, said that the number of states voting annually for the Russian resolution on combating the glorification of Nazism is stableRead moreRussia’s aerostats prove effective in counter-UAV combat — expertPolina Albek noted that developing this field requires time and investment in research and developmentRead moreRussia’s appeals over Starobelsk college attack disregarded by OSCE — senior LPR lawmakerFirst Deputy Chairman of the People’s Council Andrey Sopelnik added that the UN Human Rights Council did not respond as wellRead moreIsrael shared intelligence on alleged Iranian plot to assassinate Trump with US — WSJAccording to the newspaper, the intelligence could prompt the United States to take a tougher stance and further escalate the conflict with IranRead moreRussia’s budget deficit totals 2.5% of GDP in January-June — ministryFederal budget revenue increased by 5.8% compared to the same period in 2025, to 18,622 bln rubles Read moreRussia fully aware of US actively supplying weapons to Kiev, has no delusions — KremlinThe decision for the US to transfer a license for the production of Patriot systems to Ukraine was announced yesterday by US President Donald TrumpRead moreRussian forces advancing simultaneously in two areas in DPR — expertAndrey Marochko added that Russian troops are also advancing southwest of Kutuzovka along the Byk RiverRead moreIranian army reports cruise missile attack on US vessels off Bahrain coastAccording to the report, a US destroyer was among those targetedRead moreMaritime navigation center damaged in US strike on Iran's Chabahar portAccording to the news agency, the incident did not affect port operationsRead moreNATO summit applause for Zelensky shows Europe’s return to Nazism — politicianEurope is returning to the era of political cannibalism, Viktor Medvedchuk pointed outRead moreSound of explosion in Bushehr caused by air defense engagementA military base on the outskirts of the city was attacked, Bushehr Province Deputy Governor Ehsan Jahanian saidRead moreUS strikes Iran bridge on transport corridor connecting it with Russia, China — FarsThe strike targeted a railway bridge in the Akkala area of Golestan province near the Turkmen borderRead moreGerman parliament rejects Greens’ initiative to deliver Taurus missiles to KievOnly 79 lawmakers voted in support of the documentRead moreMali finds evidence of Ukraine-trained terrorists operating in countryVice President of the Defense Commission of the country's Transitional Council Fousseynou Ouattara emphasized that all the drones used by the terrorists are of Ukrainian originRead more

Source: TASS English
RELATED NEWS

More Stories

All News
Russia

Germany to hit its industry with more energy tariffs

• What happened: The German government announced the introduction of an energy levy to fund a national gas reserve, impacting the already struggling industrial ...

Russia

Four residents injured in Kherson Region in Ukrainian attacks over past day

• What happened: Four civilians were injured in the Kherson Region due to Ukrainian armed forces' attacks, with damage reported in 18 settlements. • Why ...

Russia

Attacks on any nuclear plants, including Zaporozhye, Kursk, Bushehr unacceptable — Grossi

• What happened: IAEA Director General Rafael Grossi stated that any attack on nuclear power plants, including those in Zaporozhye, Kursk, and Bushehr, is unacc...

Russia

Qatari mediators arrive in Iran to help ease Tehran-Washington tensions

• What happened: Qatari mediators have arrived in Iran to hold discussions with Iranian officials aimed at reducing tensions between Tehran and Washington, with...

Russia

Deputy PM Novak key statements on fuel shortages, export bans, resellers

• What happened: Russian Deputy Prime Minister Alexander Novak announced a complete ban on gasoline and diesel exports to stabilize the domestic fuel market ami...

Russia

Ukraine fails to lure Energodar residents into mined "green corridor" — ZNPP spokeswoman

• What happened: Ukrainian forces attempted to mislead residents of Energodar by promoting a non-existent "green corridor" for evacuation, while simul...