Russia has accelerated crude exports, reaching a year‑to‑date high as its tankers leave Black Sea ports at a near‑record pace. The surge follows a string of attacks by Ukrainian long‑range drones that have knocked out several Russian refineries, forcing producers to shift more feedstock abroad rather than process it domestically. Traders note tighter supply on the home market and higher outbound volumes.

With refinery capacity dented, Russia’s export firms have rerouted crude to Europe and Asia, where demand remains strong despite sanctions. Prices on the spot market have risen modestly, reflecting the tighter balance between reduced domestic runs and sustained foreign orders. Freight rates on the Black Sea have risen. Analysts warn that continued drone activity could push Russia to further increase shipments, reshaping regional supply dynamics.

The intensified export flow eases pressure on Russia’s trade balance but leaves its refining sector under strain. Energy traders are adjusting contracts to account for the lower domestic output, while European refiners anticipate a steadier supply of Russian crude. Overall, the drone‑driven refinery shutdowns have turned Russia into a net oil exporter for the first time this year.