Russian central bank assesses fuel crisis impact

The Deputy Governor of the Russian Central Bank, Alexei Zabotkin, emphasized that the bank is monitoring the impact of rising fuel prices on inflation in the local market, especially following disruptions caused by Ukrainian attacks targeting oil refineries, which led to a decline in production and increased pressure on energy supplies. These statements come as the bank seeks to update its inflation forecasts based on developments in fuel prices, amidst concerns that these increases may spread to other goods and affect economic policies.

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