Russian gasoline prices spike ahead of elections due to Ukrainian drone attacks

Dictator Putin
Dictator Putin
  • Oops!
    Something went wrong.
    Please try again later.

The Russian government is expected to be particularly vulnerable to rising gasoline and other everyday goods prices leading up to the presidential elections on March 15-17, attributed to Ukrainian drone attacks, the UK Defense Ministry intelligence said in a report on X on March 9.

Starting from March 1, Russia introduced a six-month ban on gasoline exports to stabilize domestic prices amid rising demand, reinstating the export embargo previously in place from Sep. 21 to Nov. 17, 2023. Multiple Ukrainian drone strikes on oil refineries across Russia have temporarily reduced the country’s refining capacity.

The export ban is intended to relieve supply pressures and allow Russia to conduct repairs on its refineries, a process likely to extend due to Western sanctions impeding the import of essential components.

Russia’s presidential elections are scheduled for March 17, 2024. Russian dictator Vladimir Putin announced in late 2023 his participation in the elections. It was later revealed that the occupiers planned to hold “elections” in temporarily occupied territories of Ukraine for three days on March 15, 16, and 17.

Read also: Drone strike ignites fire at major Russian oil refinery in Volgograd, blaze covers 300 square meters

Russian media reported in January a 4% decrease in oil processing at Russian refineries compared to the same period last year and a 1.4% decrease compared to December. Reasons cited included repair work and accidents at installations due to numerous drone attacks.

Drones attacked the St. Petersburg oil terminal near the Leningrad Oblast of Russia on Jan. 18.

Later it was revealed that the attack was a special operation of Ukraine’s HUR military intelligence service. One of the drones flew over the estates of Russian oligarchs and Putin’s palace.

A fire broke out in the port of Ust-Luga near St. Petersburg on Jan. 21 after several explosions. The fire engulfed the terminal of Novatek, Russia’s largest independent natural gas producer.

Independent sources told NV that the attack on the marine terminal was a special operation of Ukraine’s SBU security service. This facility, in particular, processes fuel for the Russian forces.

Read also: Drone attack in Belgorod Oblast, Russia

The source told NV that the Ust-Luga Oil oil terminal is an important facility for the Russians. He added that a successful attack on such a terminal causes not only economic damage to the enemy, depriving the occupiers of the opportunity to earn money to wage war in Ukraine, but also significantly complicates the logistics of fuel for the Russian military.

Residents of the Russian city of Tuapse reported a fire near a local oil depot on the night of Jan. 25. Eyewitnesses claimed to have heard explosions over the city prior to the fire.

A drone attacked an oil refinery in the Russian city of Yaroslavl on Jan. 29. According to the Russians, they were able to intercept the drone, so it allegedly did not cause any damage.

During a nighttime drone attack on the Russia, a drone crashed on the territory of an oil depot in Kaluga on Jan. 30.

A fire broke out at the Lukoil-Volgogradneftepererabotka oil refinery in Volgograd, Russia, as a result of a drone attack on the morning of Feb. 3.

Read also: Ukrainian drone crashed on the territory of an oil depot in Kaluga, Russia

We’re bringing the voice of Ukraine to the world. Support us with a one-time donation, or become a Patron!

Read the original article on The New Voice of Ukraine