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Fuel Crisis

All articles tagged with #fuel crisis

Russia’s fuel squeeze sparks expert clash over true refining capacity
world1 month ago

Russia’s fuel squeeze sparks expert clash over true refining capacity

Two economists debated whether Russia’s oil refining capacity is severely disrupted or only modestly reduced amid Ukrainian strikes. Vakulenko cites a 25–28% drop, while Shiryaev argues 65–70% of refining is knocked out; both acknowledge data gaps and rely on unofficial sources, with discussions covering current gasoline/diesel production ranges, plant damage vs. repair, defenses against drone attacks, and potential policy moves that could affect prices and supply.

Iran's Hardline Regime Maintains Demands as Fuel Crisis Deepens
world1 month ago

Iran's Hardline Regime Maintains Demands as Fuel Crisis Deepens

ISW-CTP’s daily Iran update portrays a hardline leadership that remains resistant to concessions toward the US despite mounting sanctions and a worsening domestic fuel shortage tied to naval blockades and disrupted imports. Debates over potentially raising gasoline prices are underway, with some officials seeking to reassure the public to prevent unrest. An internal split between anti-concessions and pro-concessions camps persists, while peripheral regime voices publicly discuss nuclear weapons, though there is no evidence of a policy shift. Tehran continues to assert control over the Strait of Hormuz and has taken actions attributed to the IRGC, with regional dynamics—such as Houthi drone activity and a Yemeni seizure of drone components—adding pressure. Domestically, inflation and foreign currency pressures persist, with officials citing reserves but signaling limited near-term relief from energy projects and policy tweaks designed more to reassure than to materially ease shortages.

Russia’s second fuel crisis spreads, with Moscow taking the brunt as refineries face renewed attacks
world1 month ago

Russia’s second fuel crisis spreads, with Moscow taking the brunt as refineries face renewed attacks

Meduza mapped Russia’s second fuel crisis using 478,685 GdeBENZ reports (July 4–Aug 23, 2026) and bank data, showing a wave similar in scale to the first but uneven in impact: Moscow and its region were hit hardest in August, with many stations lacking fuel or operating under lines, while St. Petersburg remained comparatively better. The crisis is tied to drone strikes on oil refineries and export controls; prices rose modestly but overall gasoline and diesel sales stayed well below 2025 levels. The fall could worsen with seasonal demand and refinery maintenance.

Russia’s petrol crunch deepens as stations run dry amid drone strikes on refineries
world1 month ago

Russia’s petrol crunch deepens as stations run dry amid drone strikes on refineries

A renewed fuel shortage grips Russia, with only about 28% of petrol stations selling fuel as drone strikes reduce refinery output. Moscow has introduced rationing schemes and price controls, while imports from Belarus and other partners rise, though much fuel remains stuck and shortages are expected to persist into September.

Russia Battles Fresh Wave of Fuel Shortages as Gas Stations Queue Up Again
world1 month ago

Russia Battles Fresh Wave of Fuel Shortages as Gas Stations Queue Up Again

Russia is experiencing a renewed fuel shortage with long lines at gas stations and regional purchase limits after strikes on oil facilities. Sochi urged people to limit car use to ease supply, while Orenburg and Lipetsk counties reintroduced odd-even fueling and caps (Orenburg: 30 L gasoline, 60 L diesel). Regions from Krasnodar Krai to Primorsky Krai report shortages and price volatility, with some price drops linked to logistics improvements during Putin’s visits. Deputy Prime Minister Novak convened a meeting to keep fuel delivery uninterrupted, but there has been no official acknowledgement of a nationwide crisis.

Fuel shock from Ukraine strikes rattles Russia’s economy
business2 months ago

Fuel shock from Ukraine strikes rattles Russia’s economy

Ukraine's drone strikes on Russian refineries have sparked a fuel crisis that’s fueling inflation, slowing industry, and pushing Russia toward GDP stagnation. June inflation reached about 10.6%, with analysts warning the hit could be a temporary spike if refinery capacity recovers; forecasts push end-2026 inflation to around 6.2% and keep the policy rate near 14%+. Monetary policy can't directly fix a fuel shortage, so the government must normalize the fuel market. Debt with floating rates burdens non-military firms, while refinery and oil output declines weigh on industrial production. The scale of damage depends on how long strikes last; a prolonged shortage could even push Russia toward rationing and mobilization economics, with broad civilian impact.

Putin’s Support Dips as Fuel Crisis Fuels War Fatigue, Polls Show
world2 months ago

Putin’s Support Dips as Fuel Crisis Fuels War Fatigue, Polls Show

Russian President Vladimir Putin's weekly approval rating fell by 5 percentage points—the sharpest drop since late 2022—amid Russia's growing fuel shortages and waning consumer confidence, with state-linked polls (FOM) and VTsiom showing declines; trust in Putin and the government also declined, signaling rising public concern over the war and economic strains.

Russia's Oil Refineries Slump to 21-Year Low Amid Ukraine Attacks
world2 months ago

Russia's Oil Refineries Slump to 21-Year Low Amid Ukraine Attacks

Russia’s crude processing rate fell to about 3.91 million barrels per day in July 2026, the lowest since 2005 and about 1.4 million bpd below last year’s average, as Ukraine’s strikes damaged up to 24 of Russia’s 34 large refineries over the past 100 days. The drop coincides with a nationwide fuel shortage and rationing, plus export bans on gasoline, jet fuel, and diesel, while Moscow eyes imports from India and Kazakhstan and vows retaliation.

Ukraine Drone Blitz Deepens Putin’s Domestic Crisis
world3 months ago

Ukraine Drone Blitz Deepens Putin’s Domestic Crisis

Ukrainian drone strikes are penetrating deep into Russia, including hits on the Omsk refinery, triggering a sweeping fuel shortage as gas stations run dry and queues lengthen. Moscow faces pressure to defend a much wider front, with experts warning that Russia’s air defenses and strategic depth are being eroded, while Zelensky vows to continue deep strikes to pressure Putin; Crimea has declared a state of emergency amid outages and restrictions, underscoring a mounting domestic crisis for the Kremlin four-plus years into its war with Ukraine.

Siberia Turns to Remote Work as Fuel Shortage Worsens
politics3 months ago

Siberia Turns to Remote Work as Fuel Shortage Worsens

Russia’s Siberian regional authorities urge businesses to shift to remote work and residents to limit private vehicle use as a widening fuel shortage follows drone attacks that damaged the Omsk refinery; Novosibirsk and Tomsk have issued decrees encouraging online meetings and reduced travel, energy restrictions are spreading across regions with some places introducing odd-even gasoline sales, and drivers face long queues for fuel.

Ukraine Drone War Pushes Russia's Fuel Market Toward the Brink
world3 months ago

Ukraine Drone War Pushes Russia's Fuel Market Toward the Brink

Ukraine’s drone strikes have battered Russia’s fuel sector, with refining output down about 25% in June to 3.91 million barrels per day and gasoline and diesel production dropping 17% and 35% year over year, respectively, leading to shortages, long lines at gas stations, and rising inflation. Moscow is exploring imports from Belarus, Kazakhstan, and India to bridge the gap, and may allow lower-grade fuels, but these measures risk environmental harm and do not fully offset demand. The government’s price-damping scheme keeps pump prices stable, yet drains the budget and may deepen shortages as attack campaigns intensify and spread to more facilities, potentially impacting agriculture, logistics, and broader economic stability.)

Fuel crisis sweeps Russia as Ukraine drone strikes target refineries
world3 months ago

Fuel crisis sweeps Russia as Ukraine drone strikes target refineries

CNN finds gasoline shortages or disruptions in nearly all of Russia’s regions, with several declaring heightened alert, as Ukrainian drone strikes hit refineries and repairs lag; production is about 20% below domestic demand, fueling long lines, rationing at gas stations, price controls, and mounting public anxiety while authorities seek stabilization amid ongoing attacks.

Russians roast the fuel crunch in memes as imports from India loom
world3 months ago

Russians roast the fuel crunch in memes as imports from India loom

Russia is grappling with a fuel shortage—rations, long lines at gas stations and higher prices—after Ukrainian drone strikes targeted energy infrastructure. In response, social media users are circulating memes that mock the crisis, officials' blame on the West, and the idea of alternate apps, while Moscow seeks to stabilize supplies by importing gasoline from India.