Ukraine strikes drive steep April drop in Russian oil output

Ukrainian drone attacks on Russia’s ports and refineries spur Reuters-reported April oil-output decline of about 0.3–0.4 million barrels per day, potentially up to 0.6 million bpd lower than late‑2025 levels. The disruption highlights how energy targets underpin Kremlin revenue, with spring maintenance and ongoing attacks likely to constrain supply despite market price dynamics.