UK intelligence assesses impact of Ukrainian attacks on Russian oil refining industry

The UK Ministry of Defense reports.

On March 1, 2024, Russia imposed a six-month ban on gasoline exports to stabilize prices in the domestic market in the face of rising demand. 

"It is likely that Russian refining capacity has been temporarily reduced by multiple Ukrainian uncrewed aerial vehicles strikes against refineries across Russia," the intelligence service said.

They suggest that the export ban will reduce supply pressure and allow Russia to repair its refineries. At the same time, the repairs are likely to take longer than usual, as Western sanctions are preventing the import of some necessary components.

"The Russian government will be particularly sensitive to rising prices for gasoline and other daily commodities ahead in the run-up to the March 15-17 Russian presidential election," the report added.

• Russia accused Ukraine of a drone attack on Tuesday night, March 5. Russian media reported a hit on the Gubkin oil depot in the Belgorod region, which caused a fire.