Wednesday, September 16, 2026

gasoline price

Opposition calls for tax cut as fuel prices surge

by

TBILISI, September 7 – Fuel prices have increased sharply in Georgia, adding to inflation and prompting opposition calls for the government to temporarily cut the excise tax on gasoline and diesel. TBC Capital said on Friday that gasoline and diesel were responsible for nearly half of Georgia’s seasonally adjusted monthly inflation in August. Annual inflation … Read more

Russian fuel shortages deepen as refinery shutdowns hit supply

by

TBILISI, September 18 – Russia is facing its worst gasoline shortage in two years, with wholesale sales dropping sharply while prices hit record highs, according to business daily Kommersant. On September 16, sales of A-92 gasoline at the St Petersburg commodity exchange fell 21.7% to 15,600 tons, the lowest level since 2023. A-95 gasoline sales … Read more