Ukraine is hitting oil facilities deep inside Russia. Soaring fuel prices could blunt the impact
Ukraine has intensified drone strikes on Russian oil infrastructure, hitting facilities hundreds of kilometers from the front lines, including in Tuapse, Perm, and Ust-Luga. The attacks aim to reduce Russia's oil revenues, which fund its war effort, and have caused environmental damage and local evacuations. However, rising global oil prices due to the Iran crisis and eased U.S. sanctions have offset some economic impacts, keeping Russian export revenues high.
- ▪Ukrainian drones have attacked oil facilities in Tuapse, Perm, and Ust-Luga, some over 1,500 kilometers from Ukraine.
- ▪President Volodymyr Zelenskyy claimed Russia has lost $7 billion from oil sector attacks since the beginning of 2026.
- ▪Despite the strikes, Russian oil exports rose to 7.1 million barrels per day in March, and export revenues nearly doubled to $19 billion.
- ▪Experts note that attacks on oil tanks cause dramatic fires but only short-term disruptions, as critical infrastructure like pump stations remain protected.
- ▪The strikes have highlighted Ukraine’s growing military reach and exposed more Russians to the war’s consequences, even far from the front lines.
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ABC NewsLiveVideoShowsGood Morning AmericaShopGMAInterest Successfully AddedWe'll notify you here with news aboutTurn on desktop notifications for breaking stories about interest? OffOnStream onUkraine is hitting oil facilities deep inside Russia. Soaring fuel prices could blunt the impactUkrainian drones are flying deep into Russia to strike oil facilitiesByKATIE MARIE DAVIES Associated PressMay 2, 2026, 1:06 AM1:55Ukrainian drones are flying deep into Russia to strike oil facilities, sending up plumes of smoke that can be seen from space and bringing toxic rain to tourist destinations on the Black Sea.The attacks are aimed at slashing Moscow’s oil exports, a key source of funding for its grinding invasion of Ukraine.
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