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Russia Imports Indian Gasoline After Drone-Damaged Refineries

7/19/2026

49 3 Full Breakdown

Summary

Story summary

Russia started importing consumer gasoline from India after Ukrainian drone strikes damaged its refineries.
The attacks have damaged at least 24 refineries, creating fuel shortages in more than 20 regions.
Moscow responded by banning gasoline, jet fuel and diesel exports and by seeking to import up to 400,000 tonnes of gasoline per month.
Consumer gasoline prices rose about 20% year-on-year and some stations reported queues lasting up to 39 hours.

History

Historical Context

The 1973 OAPEC embargo, launched after the Yom Kippur War, cut Arab oil exports and drove world crude prices from $3 to $12 per barrel, reshaping energy policy worldwide. Decades later, Russian refineries crippled by Ukrainian drone attacks turned to India for gasoline supplies, illustrating how geopolitical shocks again force major oil-importing nations to seek alternative sources.

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Story summary

Russia started importing consumer gasoline from India after Ukrainian drone strikes damaged its refineries.
The attacks have damaged at least 24 refineries, creating fuel shortages in more than 20 regions.
Moscow responded by banning gasoline, jet fuel and diesel exports and by seeking to import up to 400,000 tonnes of gasoline per month.
Consumer gasoline prices rose about 20% year-on-year and some stations reported queues lasting up to 39 hours.

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