Ukraine’s attacks on Russian oil refineries set a record in May, prompting Moscow to ban jet fuel exports and threatening to further hurt processing that’s at a 16-year low.
With a risk of domestic fuel shortages just as summer holiday demand picks up, Russia prohibited exports of jet fuel until the end of November. While it’ll have little impact on international markets because the country isn’t a major shipper of the fuel, it’s the latest step to safeguard local supplies.