Russia Seeks Indian Gasoline as Drone Strikes Cripple Domestic Output
In response to mounting domestic fuel shortages, exacerbated by Ukrainian drone strikes on oil refineries, Russia is preparing to significantly increase gasoline imports from India. This move is supported by proposed budget subsidies for oil companies importing fuel, aiming to mitigate rising retail prices and address a critical deficit. The damage to refineries has pushed Russia’s crude processing to a two-decade low, creating a daily shortfall of approximately 25,000 tons of gasoline. This widespread fuel crisis is also impacting the aviation sector, with operators resorting to substituting automobile gasoline for aviation fuel due to tightening supplies.
John Q. Hosedrinker