ANI
02 Jun 2026, 01:59 GMT+10
Moscow [Russia], June 2 (ANI): The Russian administration declared a prohibition on the export of aviation fuel, effective until November 30, in an effort to protect domestic inventories amidst declining refinery production and shifting dynamics across its energy network.
In a statement issued on Monday outlining the strategy, the Kremlin indicated that the temporary trade limitation was designed to preserve equilibrium within the domestic fuel sector.
'The aim of this decision is to ensure stability in the domestic fuel market,' the government stated.
The implementation of this policy follows widespread reports indicating that Moscow was weighing potential export constraints on diesel and jet fuel.
These considerations emerged after refining operational rates adjusted to multi-year lows following recent drone and missile strikes targeting Russian energy complexes.
In recent months, Russia's energy infrastructure, including oil-processing refineries and cross-country pipeline networks, has been the target of an intensified military campaign by Kyiv.
These aerial incidents have impacted Russia's overall fuel-processing capabilities, leading to measures aimed at securing domestic supplies, particularly as the nation enters periods characterised by heightened seasonal consumption.
Russia occupies a position as one of the premier global exporters of refined petroleum commodities, traditionally dispatching a substantial volume of its diesel and aviation fuel output to international buyers.
The administration clarified that the newly enacted export suspension would not impact fuel dispatches managed under pre-existing intergovernmental treaties.
Moscow, recognised globally as a major oil and gas powerhouse, had previously placed limits on the export of automobile fuel as market pressures continue to develop during the ongoing conflict with Ukraine.
During this period, Kyiv has scaled up its tactical operations against Russian energy targets over the past few weeks while experiencing daily missile and drone bombardments. (ANI)
Get a daily dose of Manufacturing Mirror news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Manufacturing Mirror.
More InformationNew Delhi [India], June 1 (ANI): The Enforcement Directorate (ED) has arrested real estate businessman Vikram Wadhwa under the provisions...
New Delhi [India], June 1 (ANI): Assam Chief Minister Himanta Biswa Sarma on Monday said India's recently signed multiple Free Trade...
VMPL New Delhi [India], June 1:In a star-studded evening filled with glamour, celebration, and influential personalities from across...
NewsVoir Gurugram (Haryana) [India], June 1: Pramerica Life Insurance announced financial results for the year ended March 31, 2026,...
With a pivotal vote looming, most voters say they have yet to decide who to support The Armenian government is forcing the country...
Washington [US], May 31 (ANI): Donald Trump Jr has shared a personal look at his wedding celebrations with Bettina Anderson, posting...
Moscow [Russia], June 2 (ANI): The Russian administration declared a prohibition on the export of aviation fuel, effective until November...
NewsVoir Gurugram (Haryana) [India], June 1: For many Indian aftersales partners visiting Vietnam in May, the biggest takeaway from...
New Delhi [India], June 1 (ANI): Union Commerce and Industry Minister Piyush Goyal on Monday said that the India-Oman Comprehensive...
Seoul [South Korea], June 1 (ANI): Samsung Electronics has overtaken Micron Technology to become the world's top automotive memory...
New Delhi [India], June 1 (ANI): Major automotive manufacturers Maruti Suzuki, Hyundai Motor India, Mahindra & Mahindra, and Toyota...
TIANJIN, May 31 (Xinhua) -- At the World Intelligence Expo 2026 in north China's Tianjin Municipality, a smart mirror provides an instant...
