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At least 40% of Russia's oil export capacity halted, Reuters calculations show
Ukrainian drone strikes and pipeline disruptions have halted about 40% of Russia’s crude oil exports, removing roughly 2 million barrels per day from global supply, Reuters said.
- On Wednesday, Ukrainian drone attacks on major Baltic and Black Sea ports and the Druzhba pipeline halted about 40% of Russia's crude oil export capacity, disrupting approximately 2 million barrels per day.
- Ukraine intensified drone attacks on oil infrastructure this month to diminish Moscow's oil revenue, which funds the military and accounts for nearly a quarter of Russia's state budget proceeds.
- Strikes damaged the Novorossiysk, Primorsk, and Ust-Luga ports, while pipeline operator Transneft struggles to redirect volumes on short notice; frequent tanker seizures have disrupted 300,000 barrels per day of Arctic oil exports.
- The supply bottleneck pushed oil prices above $100 per barrel as Moscow attempts to reroute exports to Asian markets, though limited pipeline capacity constrains the Russian energy sector's options.
- While Russia maintains uninterrupted supplies via pipelines to China, the persistent loss of western export routes creates an unprecedented bottleneck that threatens to sustain global energy market volatility.
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Ukrainian drones paralyze Russian oil ports, Putin's revenues break down.
·Berlin, Germany
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This creates extensive problems for Russia with oil exports.
·Denmark
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Almost half of Russia's oil export capacity has been paralyzed by Ukrainian attacks, yet Putin has achieved record profits from oil exports.
Drones Strike Russia’s Second-Largest Refinery Near St. Petersburg as Oil Exports Face 40% Disruption
The latest attacks may have disrupted up to 40% of Russia’s seaborne oil export capacity – roughly 2 million barrels per day – dealing a blow to one of Moscow’s key revenue streams.
·Kyiv, Ukraine
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Coverage Details
Total News Sources54
Leaning Left11Leaning Right10Center9Last UpdatedBias Distribution37% Left
Bias Distribution
- 37% of the sources lean Left
37% Left
L 37%
C 30%
R 33%
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