Russian oil exports crippled by drone attacks and severe weather, limiting gains from soaring prices
Airfind news item
Published on March 3, 2026.
Russian oil exports have been severely affected by drone attacks and severe weather, limiting gains from soaring prices. The Sheskharis oil terminal, intended to load 500,000 barrels per day of oil this month, remained shut on Tuesday and it is unclear when it will resume. Russian exporters have been unable to increase shipments due to disruptions from Ukrainian drone strikes and weather conditions. The country's federal budget deficit has been increasing due to shortfalls in oil and gas revenue. Despite this, Russian oil exports are near record highs, with Kozmino expected to load about 1 million barrels a day in March.
Read Original Article