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Wire · operational-macro

GECEX Resolution No. 957/2026: Extension of the 12% Export Tax Rate on Crude ...

3 September 2026 · By · Wire by Fusion42

Published

3 September 2026

Topic

operational-macro

◆ Sectors

Climate Tech

◆ Geography

Global

◆ Source

Read at mayerbrown.com →

◆ Verified

Fusion42 · 4 September 2026 · Fusion42 review

GECEX Resolution No. 957/2026 extends the 12% export tax rate on crude petroleum oils and bituminous minerals, maintaining the tax regime for these commodities globally.

This Wire brief sits within Fusion42's coverage of Climate Tech.

◆ ◆ The Wire takeaway

Exporters of crude oil and bituminous minerals face sustained export costs, pushing you to adapt pricing strategies or explore markets with lighter fiscal burdens. Your immediate focus should be testing customer tolerance to ongoing higher export taxes.

◆ Coverage

1 source · 3 Sep 2026

◆ Related on Wire

◆ Topics

Climate Techexport-taxcommodity-regulationenergy-marketstrade-policycrude-oil