Ukrainian Strikes Disrupt 30% of Russia's Oil Refining Capacity

Ukrainian drone strikes have disrupted refineries representing roughly 30% of Russia's total oil-processing capacity since late October, dealing another blow to Moscow's fuel supplies just as it attempts to increase diesel exports under a controversial agreement with Washington. Nine of Russia's 35 major refineries experienced disruptions over the past week, Reuters reported Tuesday, citing industry sources and officials.

8 million bpd. 5 million bpd, according to industry estimates—a substantial hit for a refining industry already struggling to meet domestic fuel demand. Russian refineries were processing approximately 5 million bpd at the end of October, following a partial recovery from earlier Ukrainian attacks. The latest strikes have affected facilities in Ryazan, Yaroslavl and the Volga region.