Russian Fuel Prices Soar as Drone Attacks Curb Refinery Output

Russian gasoline and diesel prices surged further as ongoing Ukrainian drone attacks disrupted refining operations, forcing oil refineries to cut output or halt production. The resulting deeper domestic supply crunch is likely to sustain elevated fuel prices and pressure margins across energy-linked downstream businesses.

Analysis

Russian gasoline and diesel prices surged further as ongoing Ukrainian drone attacks disrupted refining operations, forcing oil refineries to cut output or halt production. The resulting deeper domestic supply crunch is likely to sustain elevated fuel prices and pressure margins across energy-linked downstream businesses.