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Ukraine’s Drone Campaign Drives Russian Oil Refining to 24-Year Low

Ukraine struck 18 refineries and 30 oil assets in July, pushing Russian processing to 3.6 million barrels a day, Bloomberg reported.

Summary by Oil Price
Russian crude processing fell to its lowest level in more than two decades in July after Ukraine expanded its drone campaign from refineries to tankers, pipelines and export infrastructure, according to The Moscow Times, citing Bloomberg analysis.  Russian refineries processed an estimated 3.6 million barrels per day in July, the lowest monthly level since May 2002 and roughly one-third below the seasonal average. Between 2020 and 2025, Russian …

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In July, Ukraine significantly intensified strikes on Russia's oil infrastructure. According to Bloomberg, this increases the risks of energy supply disruptions and instability in the global market.04 Aug 2026

·Kyiv, Ukraine
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Right

Since June, Russia has been grappling with fuel shortages caused by a wave of Ukrainian drone attacks on refineries and oil infrastructure. The disruptions have led to reduced production, supply problems at gas stations, and restrictions on gasoline sales in many regions of the country. Russia: Oil Production at Lowest in Years. According to data cited by Bloomberg, daily oil production in Russia reached 3.6 million barrels. By comparison, the a…

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In July, Russia ' s oil infrastructure was hit by at least 30 strikes, resulting in a minimal decline in the Russian Federation ' s oil processing and reduced port shipments.

·Kyiv, Ukraine
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The Moscow Times broke the news in Amsterdam, Netherlands (Kingdom of the) on Monday, August 3, 2026.
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