12 Oct 2026

01:50

  • Bitumen 60/70

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    15$

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    0.5%

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    0.5%

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    London - Bulk

    -3.2%

Home Blog Ukrainian Strikes Take a Heavy Toll on Russia’s Oil Refineries

Ukrainian Strikes Take a Heavy Toll on Russia’s Oil Refineries

codarx

codarx

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Update date: 2026/02/09

Ukrainian attacks on Russian oil refineries cost Russia’s oil and gas sector as much as $12.9 billion (1 trillion Russian rubles) last year, according to a local insurance broker.    Direct losses for the sector topped $1.3 billion (100 billion rubles) in 2025. If these are added to the indirect losses and missed sales and profits, the total losses for Russia’s oil and gas industry amounted to $13 billion, Yevgeny Borovikov, deputy CEO at insurance broker Mains, told Russian daily Kommersant.  Last year, Russian insurers…

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