From products to crude: how the strikes reshaped Russia’s seaborne exports

AI Summary

Ukraine's strikes on Russian ports and refineries since March 2026 have altered Russia's seaborne oil export mix, severely reducing refined product exports from Baltic terminals. This reflects significant operational disruptions in Russia's oil maritime trade.

From products to crude: how the strikes reshaped Russia’s seaborne exports Ukraine’s strikes on Russian ports and refineries stepped up sharply after March 2026, and the effect on Russia’s seaborne oil trade was not really a simple fall in volumes. What changed was the mix. Refined product exports out of the Baltic terminals fell apart, ...