Foreign News

Ukraine’s Drone Strikes Hit Russia’s Refining Capacity — Reuters Podcast Explores Economic Fallout

By Paul Ebi

Ukraine’s intensifying drone campaign is inflicting significant damage on Russia’s oil refining infrastructure, threatening one of the key pillars of Moscow’s wartime economy.

According to reports, a growing number of strikes have targeted refineries deep inside Russian territory, disrupting fuel production and exports that are critical to financing the Kremlin’s war effort in Ukraine. Analysts say the sustained attacks could tighten Russia’s domestic fuel supply, drive up global energy prices, and strain government revenues already weakened by Western sanctions.

The latest episode of the Reuters Econ World podcast delves into the economic implications of the campaign — from how refinery disruptions could hit Russia’s GDP and budget to what the developments might mean for global energy markets.

Listeners can tune in to the Reuters Econ World podcast to hear expert analysis on the scale of the refinery damage, Russia’s potential countermeasures, and the broader impact on the global oil landscape.

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