Russia's Oil Exports Slip as Lull in Drone Strikes Boosts Refining

Russia's oil refineries processed higher volumes of crude oil in recent weeks as Ukraine redirected drone strikes toward tanker ships rather than refining facilities, according to data from Bloomberg and Kpler. The shift allowed Russian refineries to increase output without corresponding increases in crude exports, as fewer tankers were available for transport. Ukraine has intensified attacks on Russia's maritime fuel supply chain as part of its military strategy. Russian oil export volumes declined during the same period, according to shipping tracking data cited by Bloomberg.

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