The Saratov oil refinery in Russia has ceased operations after drone attacks damaged key processing units, intensifying fuel shortages and impacting the digital economy.
Fuel prices in Crimea nearly doubled in early July amid Russia's export ban on diesel and ongoing supply shortages affecting energy markets and digital payment trends.
Russia authorizes use of higher-sulfur Euro-3 fuels domestically until 2026 to address supply disruptions caused by attacks on refineries, excluding exports to EAEU states.
The US has once again extended a 30-day license allowing Serbian oil company NIS, controlled by Gazprom, to operate under sanctions while the sale of Gazprom’s stake faces delays.
Russia imposes fuel purchase limits in 53 regions due to refinery attacks, disrupting oil production and challenging digital payment systems linked to fuel sales.
Russia plans 1-2 month export restrictions on diesel and jet fuel amid refinery shutdowns caused by Ukrainian drone attacks, impacting fuel markets and digital economy sectors.
Ukrainian drone strikes have forced Lukoil’s Nizhny Novgorod refinery to shut down over half its primary processing capacity, disrupting Russia’s fuel production and impacting energy and fintech sectors.
The UK has authorized indefinite imports of diesel and kerosene refined from Russian oil in third countries, easing sanctions to stabilize fuel supplies amid rising energy costs and geopolitical tensions.