Russia adjusts its fuel dampener law to stabilize prices, affecting imports and exports with potential repercussions for UK and EU energy markets and sterling.
US military strikes against Iran persist into the 11th night, targeting key sites and affecting global oil routes through the Strait of Hormuz, with cautious reactions in London markets.
The indefinite shutdown of Russia's Saratov refinery after a Ukrainian drone strike tightens fuel supply constraints, affecting UK and EU energy markets and sterling currency dynamics.
Fuel prices in annexed Crimea have nearly doubled amid Russian export restrictions, raising concerns for UK and EU energy markets and sterling stability.
Russia's aviation fuel imports from Belarus surged nearly fourfold in May amid domestic production drops and refinery disruptions, impacting European energy markets.
Russia plans a temporary export ban on diesel and jet fuel amid refinery disruptions, impacting UK and European markets, sterling, and London energy trading.
The UK issues an indefinite license allowing import of diesel and kerosene refined from Russian crude via third countries, aiming to ease fuel price pressures amid global energy disruptions.