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Searched Tag: russia fuel crisis

With the attacks inflicting lasting damage that will be costly to fix, an estimated one-third of Russia’s refining capacity has been cut off, according to Chris Weafer, CEO of the consultancy Macro-Advisory.

Putin downplays Russia’s fuel crisis, impact of Ukraine’s strikes

July 3, 2026, 05:07 PM - 3 min read

While the Russian president said Ukraine’s long-range strikes on Russian oil facilities ‘have absolutely no effect on the situation at the front’, Western military analysts feel otherwise Moscow

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