Putin admits oil deficit and adjusted fuel plans amid Ukrainian strikes on refineries

Energy Supply Challenges
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Russian President Vladimir Putin acknowledged for the first time on Sunday that his country was facing a “certain deficit” of fuel, as Ukraine continues to strike Russian energy infrastructure, setting fire to another major oil refinery in the south. Processing close to 4 million tons of crude per year, the facility is central to southern Russia’s refining efforts and global energy exports. Meanwhile, Ukrainian President Zelenskyy attributed damage to a refinery near Donbas, though authorities report no official confirmation of strikes involving Russian assets. Amid escalating clashes, Putin pledged heightened protection for energy assets and accelerated fuel production to counteract sanctions impacts. Latest assurances from Moscow included plans to boost deliveries via Black Sea routes, though regional tensions persist. His team emphasized commitment to safeguarding critical infrastructure while urging diplomatic solutions to stabilize the situation.

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