Russia is banning exports of jet fuel through November 30, 2026, as it looks to ensure domestic supply amid intensifying Ukrainian drone attacks on the Russian refining infrastructure.
Russia on Monday announced it is temporarily banning jet fuel exports until the end of November to keep sufficient domestic aviation fuel supplies. Supplies under intergovernmental agreements are exempted from the ban, the Russian government said today.
The ban is not expected to be felt on the tight international jet fuel market as Russia is a small exporter of aviation fuels.
But the ban on kerosene exports follows a ban on gasoline exports, in force since April 1, as Russia has seen its refining capacity and capability crippled in recent weeks by intensifying drone attacks from Ukraine.
Kyiv has targeted several major refiners and oil export terminals since the war in Iran began, aiming to cripple Russia’s ability to take advantage of the soaring international oil and fuel prices.
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Last month, Ukraine targeted the 300,000-barrels per day Yaroslavl oil refinery in Russia, escalating the drone attacks on Russian refining and oil exporting assets, Ukrainian President Volodymyr Zelenskyy said.
“We are bringing the war back home – to Russia – and that’s only fair,” Zelenskyy said in May.
The attack on the Yaroslavl oil refinery, co-owned by Gazprom Neft, was the fourth on the facility in one month, as Ukraine looks to diminish Russia’s refining and export capabilities amid soaring international oil and fuel prices.
Since international crude oil prices surged following the war in the Middle East, Russia has boosted its oil revenues as not only prices have jumped, but Russian oil was made desirable in India again, thanks to U.S. waivers for sales of Russia’s crude already loaded on tankers.
Ukraine is intensifying attacks on Russian refineries and oil export ports as Kyiv looks to limit Russia’s oil exports and revenues.
By Tsvetana Paraskova for Oilprice.com
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