Russia is experiencing fuel shortages and queues at gas stations due to oil refineries being partially shut down for repairs following drone strikes, according to Deputy Prime Minister Alexander Novak. He also cited panic buying as a contributing factor to increased demand.
Russia is experiencing a tough fuel market due to summer peak demand and unscheduled refinery maintenance. Deputy PM Alexander Novak has instructed agencies to prevent supply disruptions, with particular focus on Irkutsk and Trans-Baikal regions. Export bans are being considered to stabilize domestic supplies.
Russia's Deputy Prime Minister Alexander Novak confirmed a dip in oil production due to unscheduled refinery repairs, marking the first such public admission. This comes as Ukraine intensifies drone attacks on Russian energy infrastructure, disrupting operations and pushing Moscow to maximize crude exports.
