Russia’s energy arteries are under fire: revenues down, exports curbed, refineries ablaze. Here’s how the squeeze ripples through factories, supply lines and the front.
Russia’s financial backbone—oil and natural gas—is cracking. In July 2025, the Finance Ministry booked just $9.8B in energy income (–27% YoY). Is it sanctions… or Ukraine’s drone war on refineries, depots, and pipelines? In this video, we unpack both: from the Volgograd pipeline blasts that throttled gas to key industrial hubs, to the Novokuybyshevsky refinery shutdown and the Adler/Sochi fuel fires that briefly closed the airport. We track how price caps and new trade pressures squeeze margins while UAV strikes disrupt output and slow fuel flows to the front. Moscow’s latest gasoline export ban treats the symptom—not the disease—leaving a widening budget hole as war costs climb.
