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Russia is considering curbs on diesel and jet fuel exports after Ukrainian attacks reduced refinery run rates to their lowest levels in more than 16 years. Interfax reported the possible restrictions amid ongoing damage to energy infrastructure.
BloombergRussia is weighing limits on diesel and jet fuel exports following Ukrainian strikes that have driven refinery run rates to their lowest levels in more than 16 years. The measures under discussion would respond to reduced domestic output caused by repeated attacks on refineries and energy facilities.
Interfax reported that run rates have fallen to multi-year lows as Ukraine escalates strikes on Russian energy infrastructure. The decline marks the weakest performance for Russian refineries since at least early 2010.
Officials are examining whether to restrict diesel and jet fuel shipments abroad to protect domestic supplies. No final decision has been announced, and the scope of any limits remains under discussion. Interfax cited unnamed sources familiar with the deliberations. The reported consideration comes as Ukrainian forces continue targeting Russian refining capacity.
yna.co.krU.S. Central Command targeted Iranian command centers, air-defense sites and other facilities. Iran said it received mediation proposals while holding firm on Strait of Hormuz rights. Oil prices eased and U.S. equity futures rose in early trading.
abcnews.go.comThe court agreed Monday to examine whether seizure of a $95,000 Cessna over a misdemeanor alcohol conviction violates the Eighth Amendment. The case stems from a 2012 flight to a dry Alaska village.
yna.co.krThe S&P 500 gained 0.9 percent, the Dow Jones Industrial Average added 361 points, and the Nasdaq composite climbed 1.4 percent on Tuesday. Technology shares led the advance while Brent crude reached its highest level in more than five weeks.