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Russia's Fuel Crisis Is Back as Ukraine Continues to Knock Out Russian Refineries
Russia is limiting fuel exports and boosting imports after refinery strikes cut processing to about one third below seasonal levels, analysts said.
- On Wednesday, August 5, Russia received its first gasoline shipment from India, as domestic fuel shortages forced the country to seek new supply sources following attacks on oil refineries.
- Ukrainian forces recently targeted at least seven Russian refineries, causing processing levels to drop to around 3.6 million barrels daily—one-third below typical seasonal capacity, according to EA Analytics.
- Supplied by Nayara Energy, the 42,000-ton cargo underwent a ship-to-ship transfer off the Egyptian port of Damietta, utilizing vessels from Russia's sanctioned "shadow fleet."
- The Russian government banned fuel exports and increased gasoline imports from Belarus by a factor of 25 to stabilize the market amid ongoing domestic supply crisis.
- Unconventional supply chains underscore Russia's difficulty maintaining fuel stability, as analysts at Kpler report the government continues securing alternative partners in India and Morocco to offset refinery strikes.
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14 Articles
14 Articles
The Russian government has confirmed that the supply of fuel stations remains "stretched" in several areas of the country. According to a Bloomberg count made on the basis of public statements from both sides, Ukraine has attacked 11 of the 34 major Russian refineries since the beginning of the month.
·Paris, France
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The Russian government recognises the difficulties of distribution in several parts of the country as a result of the intensification of the Ukrainian strikes against the oil infrastructure.
·France
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Coverage Details
Total News Sources14
Leaning Left2Leaning Right1Center5Last UpdatedBias Distribution63% Center
Bias Distribution
- 63% of the sources are Center
63% Center
L 25%
C 63%
12%
Factuality
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