Story perspectives

Russia's Oil Exports Plummet Amid Sanctions and Strikes

10/31/2025

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Summary

Story summary

Seaborne oil product exports from Russia have fallen to 1.89 million barrels per day, the lowest since early 2022.
Refinery shutdowns, Western sanctions, Ukrainian drone attacks on fuel infrastructure, and adverse weather contribute to the decline and reduce naphtha and fuel oil loadings from Baltic ports.
Ukraine claims its strikes have reduced Russia's oil refining capacity by over 20%.
New U.S. sanctions on Rosneft and Lukoil threaten Moscow's energy revenues.

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Story summary

Seaborne oil product exports from Russia have fallen to 1.89 million barrels per day, the lowest since early 2022.
Refinery shutdowns, Western sanctions, Ukrainian drone attacks on fuel infrastructure, and adverse weather contribute to the decline and reduce naphtha and fuel oil loadings from Baltic ports.
Ukraine claims its strikes have reduced Russia's oil refining capacity by over 20%.
New U.S. sanctions on Rosneft and Lukoil threaten Moscow's energy revenues.