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Russian economist Andrei Yakovlev on fuel shortages and price spikes ahead of Sept 18–20 elections

Exiled economist Andrei Yakovlev said that ahead of the Sept 18–20 elections fuel in many Russian regions is either unavailable or sold at two to three times the price seen in major cities. Yakovlev is now a researcher in Berlin and was formerly a professor at Moscow's Higher School of Economics.

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Photo: Zenkong · Wikimedia Commons · CC BY-SA 4.0CC BY-SA 4.0

Andrei Yakovlev, formerly a professor at Moscow's Higher School of Economics and now a researcher in Berlin, reported supply problems and inflationary pressure on fuel markets in Russia ahead of the elections scheduled for Sept 18–20.

Yakovlev said that in "many areas" gasoline is either unavailable or sold at prices two to three times higher than in major cities. He made this assessment while discussing the effects of inflation and shortages on the population, without providing further regional breakdowns or supply numbers.

Yakovlev's comments come days before the Sept 18–20 elections; he spoke from Berlin in his capacity as a researcher and former HSE professor.

What we know

  • Yakovlev: in many areas gasoline is either unavailable or two to three times more expensive than in major cities.
  • Remarks were made days before the elections scheduled for Sept 18–20.
  • Andrei Yakovlev is now a researcher in Berlin and formerly a professor at Moscow's Higher School of Economics.

What is being verified

  • The newsroom is checking the report that yakovlev: in many areas gasoline is either unavailable or two to three times more expensive than in major cities.
  • Reporting from Le Monde Economy is being compared; a second independent confirmation is not yet available.
If a new independent confirmation or correction appears, it will be added to the story timeline automatically.
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