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

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Ukrainian Strikes Take a Heavy Toll on Russia’s Oil Refineries
source : OILPRICE ( Middle East ) () 15
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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