Bloomberg: The Fuel Crisis In Russia Is Worsening
- 15.07.2026, 20:34
Following the drone attacks, prices soared to new highs.
Due to attacks by Ukrainian drones, Russia is facing a worsening fuel crisis. The fuel shortage has already led to another spike in retail prices.
This was reported by Bloomberg .
According to data from the Federal State Statistics Service of the Russian Federation, between July 7 and 13, the average retail price of gasoline rose by 2.3% compared to the previous week, reaching 75.84 rubles per liter. Diesel fuel rose even more—by 3.2%—to 91.21 rubles per liter.
As Bloomberg notes, due to nearly daily Ukrainian attacks on oil refineries, oil refining volumes in Russia have fallen to their lowest level in more than 21 years.
Amid high seasonal demand, the Russian government has almost completely banned exports of gasoline, diesel, and jet fuel. In addition, several regions have introduced fuel rationing to prevent panic buying.
Fuel shortages are putting additional pressure on Russian authorities ahead of the parliamentary elections in September. At the same time, the Central Bank of the Russian Federation has warned of rising inflationary risks due to reduced fuel production and a possible revision of monetary policy.
Since the beginning of the year, gasoline prices in Russia have risen by 16.4% and diesel prices by 18%, while official inflation stood at 4.64%.
The Central Bank also noted that rising fuel prices are already affecting the prices of other goods and services, and the extent of this effect will depend on how long the market shortage persists.
According to the International Energy Agency, since early May, Ukrainian strikes have affected more than half of Russia’s oil refining capacity. In June, Russian refineries processed only 3.8 million barrels of oil per day, which is nearly a third less than a year earlier.
According to Bloomberg’s estimates, since May, Ukrainian forces have carried out more than 40 attacks on Russian fuel production facilities, striking at least 23 of the country’s 34 major oil refineries. This was one of the main reasons for the deepening fuel crisis in Russia.