G7 just tightened the noose on Russian oil and gas exports, and the Kremlin is now staring down a full-blown fuel crisis that’s only getting worse. While Putin was busy dreaming that Iran’s closure of the Strait of Hormuz would hand him a fat price windfall, Ukrainian drone strikes quietly shredded that fantasy.
In May 2026 alone, Kyiv took out Rosneft’s Syzran refinery — the sixth major plant neutralised in a single month. Central Russia’s refining heartland has been gutted: facilities totalling over 83 million tons per year offline.
That’s a quarter of the country’s entire capacity, more than 30% of gasoline output and 25% of diesel production gone. By last autumn the numbers were already catastrophic — 38% of primary refining capacity, 338,000 tons per day, sitting idle.
Sanctions mean no Western spare parts, no quick fixes. The IEA has slashed its forecast for Russian refining in Q2 2026 to a pathetic 4.
8 million barrels per day. The slide is accelerating.
The pain is everywhere. Sevastopol has been on 20-litre limits since May, then switched to fuel coupons with priority for public transport and a total ban on filling canisters.
Shortages now hit 25 regions from occupied Donbas to the Far East, Siberia, Volga and the North Caucasus. Gasoline prices jumped 5.
6%, diesel 4. 8% in six months according to Rosstat.
To keep the domestic market from exploding, Moscow is slashing crude exports — western ports dropping from 2. 5 million barrels per day in May to just 1.
7 million in June. Meanwhile governors lie through their teeth claiming there’s no shortage, while stations in Moscow and the north quietly ration fuel to stop panic.