Copyright © 2024 Euromaidanpress.com

The work of Euromaidan Press is supported by the International Renaissance Foundation

When referencing our materials, please include an active hyperlink to the Euromaidan Press material and a maximum 500-character extract of the story. To reprint anything longer, written permission must be acquired from [email protected].

Privacy and Cookie Policies.

Ukraine strikes on Russian oil refiners successfully cripple Russian war machine, experts say

These attacks, which have reduced Russia’s oil-refining capacity by 14 percent, push Moscow to rely more on crude oil exports, potentially lowering global oil prices, not raising them.
drone attacks on Russian oil refineries
Fire at Tatneft’s Taneco oil refinery in Russia’s Nizhnekamsk on the morning of 2 April 2024 following a drone strike. Photo: t.me/ENews11
Ukraine strikes on Russian oil refiners successfully cripple Russian war machine, experts say

Despite concerns from Washington, Ukraine’s strategic strikes on Russian oil refineries are proving to be an effective method of curtailing Russian military capabilities without significantly impacting global energy markets.

Experts including Michael Liebreich from Bloomberg New Energy Finance, Lauri Myllyvirta from the Centre for Research on Energy and Clean Air, and Sam Winter-Levy from Princeton University, in an article for Foreign Affairs, argue that these attacks, which have reduced Russia’s oil-refining capacity by approximately 14 percent, push Moscow to rely more on crude oil exports, potentially lowering global oil prices, not raising them.

Since October, Ukraine has conducted over 20 strikes on key Russian oil facilities, significantly disrupting operations and cutting off fuel supplies crucial for the Russian military while simultaneously decreasing the Kremlin’s export revenues. Such actions align with the objectives set by Ukraine and its Western allies, aiming to degrade Russia’s logistical and financial ability to sustain its military efforts.

Contrary to US apprehensions, as voiced by Vice President Kamala Harris and Secretary of Defense Lloyd Austin, these strikes are unlikely to cause a surge in global oil prices. In fact, with Russia’s reduced capability to process oil domestically, it is forced to increase its crude exports, which could further depress global prices. Moreover, internal reports from Russia indicate significant increases in fuel prices within the country, suggesting that the strikes are indeed having a substantial impact on Russia’s domestic market and military operations.

According to the experts, he distinction in Ukraine’s strategy – targeting refineries instead of crude oil fields or pipelines – ensures that while Russia’s ability to convert crude into usable products is hampered, the overall supply of oil remains unaffected. This approach helps avoid a wider impact on global energy markets while still imposing significant constraints on Russia’s military operations.

In addition to their immediate tactical benefits, these strikes serve as a critical component of Ukraine’s broader military strategy, the experts argue. By focusing on oil refineries, Ukraine not only limits Russia’s military fuel supplies but also exerts pressure on Moscow’s financial resources, complementing international sanctions and economic penalties imposed by the West.

Read also:


You could close this page. Or you could join our community and help us produce more materials like this.  We keep our reporting open and accessible to everyone because we believe in the power of free information. This is why our small, cost-effective team depends on the support of readers like you to bring deliver timely news, quality analysis, and on-the-ground reports about Russia's war against Ukraine and Ukraine's struggle to build a democratic society. A little bit goes a long way: for as little as the cost of one cup of coffee a month, you can help build bridges between Ukraine and the rest of the world, plus become a co-creator and vote for topics we should cover next. Become a patron or see other ways to support. Become a Patron!

To suggest a correction or clarification, write to us here

You can also highlight the text and press Ctrl + Enter

Please leave your suggestions or corrections here


    Euromaidan Press

    We are an independent media outlet that relies solely on advertising revenue to sustain itself. We do not endorse or promote any products or services for financial gain. Therefore, we kindly ask for your support by disabling your ad blocker. Your assistance helps us continue providing quality content. Thank you!

    Related Posts