Ukraine fires on Putin’s oil industry
Evaluation shows: This is how expensive fuel has become in Russia
July 10, 2026 – 3:37 p.mReading time: 1 min.
Ukraine has been attacking Russian oil refineries for months. An analysis by the exiled media “Meduza” now suggests that the attacks are putting increasing pressure on the Russian fuel market.
According to an analysis by “Meduza”, the prices for gasoline and diesel on the St. Petersburg Energy Exchange in June were on average around 37 percent higher than a year earlier. At the same time, around 38 percent less fuel was traded there. Compared to the beginning of the year, prices even rose to around 146 percent of January’s level, while trading volume fell to just over half.
The medium relies on publicly available stock market data, as Russian authorities do not publish detailed information about possible production losses at refineries.
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Kremlin is trying to counteract this
“Meduza” cites the ongoing Ukrainian drone attacks on the Russian oil industry as the cause. Since the beginning of the year, dozens of refineries, tank farms and other energy infrastructure facilities have been attacked.
The Russian government is now trying to take countermeasures. At the beginning of July it banned the export of diesel. It also lowered the required amount of gasoline that major oil companies must sell on the energy exchange. According to the Reuters news agency, imported Russia In the meantime, gasoline is also increasingly being used Belarus and India.
It is unclear whether the measures are sufficient. According to Meduza, there are already restrictions on fuel sales in several regions. However, the Russian government has not yet confirmed a nationwide supply crisis.
