Russia bans aviation fuel exports

Russia has imposed a temporary ban on aviation fuel exports until November 30, citing the need to stabilize its domestic fuel market. This decision follows a significant drop in refinery production, which has reached multi-year lows due to intensified drone and missile strikes by Ukraine on Russian energy infrastructure. The Kremlin stated that the measure aims to ensure stability in the domestic fuel sector, especially as the nation approaches periods of heightened seasonal consumption. Exports under pre-existing intergovernmental treaties are exempt. Russia, a major global exporter of refined petroleum products, typically dispatches substantial volumes of diesel and aviation fuel to international buyers, particularly to Central Asian nations like Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan. Deputy Prime Minister Alexander Wang has been involved in monitoring the domestic fuel situation. Analysts warn that these restrictions could tighten global supplies and increase international fuel prices.