Drone damage has halted the Yaroslavl refinery, adding to Russia’s fuel shortages and exposing vulnerabilities in wartime refining capacity.
Russia is expected at G20 energy talks in Houston as wars, sanctions and Red Sea security risks complicate the economics of energy abundance.
The U.S. Senate advances the Graham Sanctions bill to impose steep tariffs on Russia and its energy partners, signaling a strategic intensification of economic pressure.
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.
The US has launched new strikes targeting Iranian infrastructure, prompting Tehran to vow retaliatory attacks amid escalating tensions and risks to regional stability.
Ukraine's parliament is set to confirm Sergey Koretsky as prime minister, marking a strategic government reshuffle focused on economic reform and energy sector leadership.
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.
Widespread fuel sales restrictions are imposed across Russia due to production slowdowns following targeted drone strikes on oil refineries, affecting 53 regions.
Bulgaria plans to veto the EU’s expanded sanctions on Russia, citing risks to its economy and opposing restrictions on the Russian Orthodox Patriarch.
G7 leaders commit to new sanctions targeting Russia's energy sector and pledge increased military aid to Ukraine amid evolving conflict dynamics and strategic economic pressures.
Drone attacks on Russian chemical and oil facilities caused fires and disrupted operations, exposing vulnerabilities in critical industrial infrastructure amid geopolitical conflict.
The US Treasury has extended the deadline for Hungarian MOL to negotiate the acquisition of Gazprom’s stake in Serbia’s oil company NIS, amid sanctions and strategic energy shifts.
Drone attacks have ignited fires at oil storage and refining facilities in Russia's Rostov and Saratov regions, exposing vulnerabilities in critical energy infrastructure.
Russia plans temporary export limits on diesel and aviation kerosene to stabilize domestic fuel markets after drone attacks reduced refinery output.
Donald Trump announces plans for Iran's enriched uranium to be destroyed either in the US or on-site under IAEA supervision amid escalating nuclear tensions.
Ukraine's drone strikes have forced Russia's Nizhny Novgorod refinery to halve its processing capacity, disrupting a significant portion of the country’s fuel production.
Recent Russian missile and drone attacks have damaged Ukraine's port, energy infrastructure, and urban areas, intensifying strategic targeting with significant economic implications.
Despite Ukraine's unilateral ceasefire on May 6, Russian forces continued attacks, highlighting challenges in conflict de-escalation amid Victory Day tensions and economic disruption.
Drone attacks on April 18 set fires at oil depots in Russia’s Krasnodar region and Sevastopol, exposing vulnerabilities in energy infrastructure amidst ongoing conflict.
Russian drone attacks on Chernihiv’s energy infrastructure have caused widespread blackouts, underscoring the conflict’s ongoing strain on Ukraine’s economic stability and infrastructure resilience.