Putin: Russian Refinery Capacities Are Being Used to the Maximum

On June 28, 2026, during a meeting focused on ensuring fuel supply for the domestic market, President Vladimir Putin emphasized that the capacities of Russian oil refineries are being maximized in response to the ongoing fuel crisis. According to analysts, current gasoline production in Russia meets only about 80% of domestic demand. This shortfall has led to significant challenges for both consumers and businesses, with reports of long queues at gas stations becoming increasingly common. Putin noted that despite the challenges, production levels of essential fuel types are expected to exceed those of June in the coming month. He mentioned that the reserves of gasoline stand at approximately 1.7 million tons, which is 4% lower than the same period last year. The president acknowledged the difficulties faced by motorists and businesses, stating that the necessary fuel types are not always readily available, and queues at gas stations are a common sight. The fuel crisis has been exacerbated by ongoing Ukrainian attacks on Russian oil facilities, which have severely impacted production capabilities. Reports indicate that over 50 regions in Russia are experiencing fuel shortages, with temporary restrictions on fuel sales for private vehicles being implemented. This situation has raised concerns about the potential for a deeper crisis, as the country grapples with the implications of reduced production and increased demand. As the situation develops, analysts warn that the ongoing conflict and its impact on the energy sector could lead to the worst fuel crisis in Russia's history. The government is under pressure to find solutions that will stabilize the market and ensure that citizens have access to the fuel they need. The coming weeks will be critical in determining how effectively the Russian government can respond to these challenges and mitigate the impact of the crisis on everyday life.