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Putin Trust Drops; Refineries Hit, Fuel Shortages Spur Export Ban

7/15/2026

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Story summary
  • Polls show Vladimir Putin’s trust at 72.3% and approval at 74%, the lowest since the war began.
  • Drones and missiles hit Russian refineries, cutting June 2026 processing to 3.8 million barrels per day and causing fuel shortages.
  • Russia banned gasoline, jet fuel and diesel exports and allocated $8.2 billion to refiners for domestic supply.
  • Military spending and inflation have led the central bank to consider pausing interest-rate easing as the deficit outlook worsens.