Russia on Monday announced a six-month ban on aviation fuel exports to safeguard domestic supplies.
The ban will be in effect from Monday, or June 1, to November 30, 2026, according to a statement of the Russian government.
The purpose of the decision is to ensure stability in the domestic fuel market, the statement said.
The ban applies to fuel purchased on the exchange. Exceptions include fuel in process tanks used by aircraft en route, batches of jet fuel placed under customs clearance prior to the entry into force of the temporary restriction, and supplies under intergovernmental agreements, according to the statement.
Russia bans jet fuel exports until end of November
A proposed bill on the management of the Strait of Hormuz has entered the review stage at Iran's Supreme National Security Council and will be submitted to parliament for debate and voting after final conclusions are reached, Iran's semi-official Mehr News Agency reported on Wednesday.
No details about the bill's contents were disclosed.
According to the report, work on the legislation has been underway for some time. In addition to the parliamentary review process, several specialized parliamentary committees have participated in studying and assessing the proposal, including the National Security and Foreign Policy Committee, the Construction Committee, and the Councils and Internal Affairs Committee.
The report said the committees and several lawmakers had previously submitted separate proposals and drafts. Following a process of coordination and consolidation, a unified text has been prepared and is awaiting further review.
Iran moves forward with review of Strait of Hormuz management legislation: media
