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Russia gasoline shortage deepens as refineries hit

Bloomberg Markets •
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Russia’s gasoline supply is tightening sharply after a wave of Ukrainian drone attacks crippled key refineries. The attacks have forced at least two-thirds of the nation’s regions to impose fuel rationing or contend with outright shortages. With domestic demand remaining steady, the imbalance is pushing retail prices upward and squeezing logistics firms that rely on steady diesel flow. Retail chains scramble for limited stocks.

Authorities in Moscow have responded by directing emergency fuel allocations to critical sectors such as public transport and emergency services. Regional governors report that gasoline trucks are queuing at damaged depots, while some stations operate on limited hours. The disruption also threatens export contracts, as Russia traditionally supplies fuel to neighboring markets, raising concerns among foreign buyers. Some exporters have already postponed shipments.

The supply crunch forces retailers to tighten margins and consider alternative sourcing, while consumers face longer lines and higher out‑of‑pocket costs. Energy analysts warn that prolonged shortages could erode confidence in Russia’s fuel security, potentially prompting the government to seek rapid repairs or temporary imports. Consumers cite rising pump prices daily. The immediate impact remains a tighter domestic market and heightened price volatility.