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Commodity Market, Commodities News Today | The HinduBusinessLine

India could limit sulphur exports as supplies tighten, sources say India turns to US, Oman, Nigeria for LNG imports in March as Qatar, UAE supplies dry up China resumes buying broken rice from India Silver Price Today April 16: Latest rates in Delhi, Mumbai, Kolkata, Chennai & Bengaluru Gold rate today April 16: Gold rates up in Mumbai, Delhi, Chennai, Kolkata, Ahmedabad & Bengaluru Indian LNG importers scoop up spot shipments after prices recede Limelight Lab Grown Diamonds targets tier 2-cities with 25 stores in Q1 Crude oil futures edge up despite hopes of US-Iran ceasefire extension ‘Iran war oil shock as disruptive as Covid’ Iran war brings US close to net crude exporter for first time since World War II NAAS suggests govt to consider one-time licensing for imported horticulture hybrids India targets cocoa self-sufficiency by 2040 with national mission and reforms Why is Gold rate surges past $4,850 & Silver crossing $80? Crude unlikely to return to pre-war levels soon; India's import bill may rise $70 billion annually: Report US shuts down Iran’s maritime trade despite optimism for more talks Brent crude edges up ahead of fresh US-Iran talks Global fertilizer supply crunch tightens farm economics Crude oil prices fall for a second day on expectations US-Iran talks may resume Madhya Pradesh CM says basmati rice from the State is exported to 47 nations Russian crude oil imports rebound in March as PSU refiners lift record volumes Oil prices hit record high in March as refiners try to replace West Asian grades: IEA India’s gems and jewellery exports plunge 35% in March on weak demand Inflows into gold ETFs turn positive in past fortnight India’s Russian oil imports surge to €5.3 billion in March on higher volumes Russia restricts helium exports as global supply tightens amid Middle East tensions India’s oil security under pressure as West Asia crisis exposes import dependence risks Fuel price freeze: ₹18/litre loss on petrol, ₹35 on diesel Iran oil hoard at sea shields China’s refiners from US blockade Oil declines as US, Iran weigh more talks; US blockade of shipping to and from Iranian ports in place IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy
Russia announces aviation fuel export ban until November 30
By ANI · 2026-06-02 · via Commodity Market, Commodities News Today | The HinduBusinessLine

The Russian administration declared a prohibition on the export of aviation fuel, effective until November 30, in an effort to protect domestic inventories amidst declining refinery production and shifting dynamics across its energy network.

In a statement issued on Monday outlining the strategy, the Kremlin indicated that the temporary trade limitation was designed to preserve equilibrium within the domestic fuel sector.

"The aim of this decision is to ensure stability in the domestic fuel market," the government stated.

The implementation of this policy follows widespread reports indicating that Moscow was weighing potential export constraints on diesel and jet fuel.

These considerations emerged after refining operational rates adjusted to multi-year lows following recent drone and missile strikes targeting Russian energy complexes.In recent months, Russia's energy infrastructure, including oil-processing refineries and cross-country pipeline networks, has been the target of an intensified military campaign by Kyiv.

These aerial incidents have impacted Russia's overall fuel-processing capabilities, leading to measures aimed at securing domestic supplies, particularly as the nation enters periods characterised by heightened seasonal consumption.

Russia occupies a position as one of the premier global exporters of refined petroleum commodities, traditionally dispatching a substantial volume of its diesel and aviation fuel output to international buyers.

The administration clarified that the newly enacted export suspension would not impact fuel dispatches managed under pre-existing intergovernmental treaties.

Moscow, recognised globally as a major oil and gas powerhouse, had previously placed limits on the export of automobile fuel as market pressures continue to develop during the ongoing conflict with Ukraine.

During this period, Kyiv has scaled up its tactical operations against Russian energy targets over the past few weeks while experiencing daily missile and drone bombardments.

Published on June 2, 2026