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Ukraine Drones Slash 20% Russian Refining, Fuel Rationing Sparks

7/15/2026

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Story summary
  • Ukraine’s drone strikes have cut roughly one-fifth of Russia’s refining capacity, the lowest in 21 years.
  • The strikes destroyed the Omsk refinery in Siberia, cutting throughput to about 3.8 million barrels per day.
  • The loss sparked long gasoline queues and nationwide fuel rationing.
  • Despite the damage, exports averaged 3.98 million barrels per day in the week to July 12, while Urals fell to $52 as U.S. senators advance the Sanctioning Russia Act.
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