Rosneft Proposes Oil Firms to Refine 30% of Crude in Russia to Ease Fuel Crunch

Igor Sechin, head of Russia's largest oil producer Rosneft, has urged the country's oil companies to refine 30% of their crude domestically to tackle the current fuel shortage. In a letter to President Vladimir Putin, Sechin suggested this measure as part of a broader strategy to stabilize the fuel market. This move highlights the growing concern over the country's reliance on oil exports amid domestic supply issues, which could have significant implications for Russia's economic and energy policies.