A U.S. strike disabled a Panama-flagged cargo ship near Iran, deepening Gulf trade risks as tanker attacks and fuel prices add economic pressure.
A bipartisan House bill would seek to ban Russian oil purchases after Trump announced an agreement on Russian diesel supplies.
Zelensky warned that a U.S.-Russia diesel deal could strengthen Moscow’s war economy unless tied to clear de-escalation commitments.
Kyiv denied a report that Trump proposed Zelensky travel to Moscow, as energy prices and venue disputes shape Ukraine diplomacy.
Kaluga and Zabaikalsky Krai have restored gasoline limits as refinery strikes deepen Russia’s second wave of fuel shortages.
Drone damage has halted the Yaroslavl refinery, adding to Russia’s fuel shortages and exposing vulnerabilities in wartime refining capacity.
A prolonged halt on Saudi Arabia’s East-West pipeline could cut global oil supply by 4%, exposing the fragility of export routes.
Russia’s oil product production index fell nearly 22% in June amid war-inflicted damage to refining capacity, signaling deep structural economic challenges.
Russia’s State Duma amends fuel dampener rules and import compensations to stabilize domestic fuel prices amid refinery disruptions and export limits.
Ukrainian drone attacks have forced the Saratov refinery in Russia to shut down indefinitely, exacerbating fuel shortages that now affect millions amid structural refining challenges.
Gasoline prices in annexed Crimea nearly doubled in early July amid Russia's ongoing fuel supply crisis and policy shifts, revealing deep structural challenges in its energy sector.
Russia’s aviation fuel imports from Belarus surged nearly fourfold in May 2026 amid domestic production declines and export restrictions, revealing structural energy sector strains.
Russia plans temporary export limits on diesel and aviation kerosene to stabilize domestic fuel markets after drone attacks reduced refinery output.