Russia's FAS opens 70 fuel market cases, issues 102 warnings

Russia's Federal Antimonopoly Service has launched 70 antitrust cases and issued 102 warnings regarding fuel market violations, per FAS head Maxim Shaskolsky. This signals increased regulatory pressure on domestic fuel pricing and competition, potentially affecting Russian oil companies' operations and margins. The move may be aimed at curbing fuel price inflation ahead of elections, but details on specific companies or violations remain undisclosed.