Key facts
- Moscow is rationing gasoline due to Ukrainian drone attacks.
- Fuel prices in Russia are rising at twice the pace of inflation.
- The Moscow Oil Refinery suspended operations indefinitely on June 18.
- A large-scale drone attack damaged key processing units and storage tanks at the Moscow Oil Refinery.
- The Moscow Oil Refinery is crucial for supplying the Moscow fuel market.
- Approximately 600,000 barrels per day of Russian refining capacity has been lost.
- Ukrainian drone strikes are targeting Russian oil infrastructure.
Moscow is facing gasoline rationing and significant price hikes due to a series of Ukrainian drone attacks targeting Russian oil infrastructure. The Moscow Oil Refinery, a critical facility for supplying the capital's fuel market, suspended operations indefinitely on June 18. This shutdown followed a large-scale drone attack that caused damage to key processing units and storage tanks at the refinery.
The attacks have led to a substantial reduction in Russia's refining capacity, with approximately 600,000 barrels per day lost. This disruption is directly impacting fuel availability and costs, as evidenced by fuel prices rising at twice the pace of general inflation. The indefinite suspension of the Moscow Oil Refinery exacerbates the supply issues for the region.