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Jun 1, 2026

Russia Bans Aviation Fuel Exports Until November Amid Ukrainian Strikes on Refineries

The Russian government announced a ban on jet fuel exports lasting until November 30, 2026, citing ongoing Ukrainian strikes on oil refineries that have caused domestic production declines and fuel shortages. The ban triggered declines in Indian aviation stocks, with SpiceJet and IndiGo shares falling up to 2.5%.

Jun 1, 2026·3 sources
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Top claims

  • ▪Russia has also restricted gasoline exports, with that ban in force through July 31.
  • ▪The ban was prompted by Ukrainian drone strikes on Russian oil refineries and energy infrastructure.
  • ▪Following the news, shares of Indian airlines SpiceJet and InterGlobe Aviation (IndiGo) fell on June 2 by up to 2.5% and over 1% respectively.

Topics

Aviation industryEnergy security & geopoliticsRussia-Ukraine warOil marketGlobal supply chains

Related entities

RussiaIndiaUkraine

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