11/13/2026
Weapons of War
Ukrainian drones carried out a series of strikes on Russia’s largest oil refineries. Refineries in Omsk, Kirishi, Ryazan, Nizhny Novgorod, and Yaroslavl came under attack, along with oil facilities in Saratov and the port of Ust-Luga. How are these operations impacting fuel supplies for the Russian army and the Kremlin’s revenues?
We analyze the strategy behind the strikes on Russia’s oil infrastructure, declining fuel production, losses in oil and gas revenues, and Russia’s growing budget deficit. Why does even a temporary refinery shutdown create serious problems for Moscow, and how are Ukrainian attacks weakening Russia’s ability to finance its war against Ukraine?
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