A gigantic blow to the Kremlin's finances. 15 refineries shut down, losses exceed $23 billion.

By September 2026, Ukrainian forces had rendered 15 out of 38 major Russian refineries inactive, significantly impacting oil processing capabilities. The Ukrainian intelligence reported a 55.4% reduction in oil processing at affected refineries. The most severe disruptions were noted in the Volga, Central, and Southern Federal Districts of Russia, affecting major companies like Slavneft-YANOS and Gazprom Neft. Despite operational refineries in remote regions, logistical challenges hinder production increases. The Kremlin's recent decree limits access to oil processing data, complicating independent monitoring. Ukrainian strikes have caused over $23 billion in economic losses to Russia's oil sector, which struggles to meet domestic and export demands due to ongoing sanctions and repair costs.