A surge in Ukrainian drone attacks on ports and refineries has forced Russia to slash its oil production in April, Reuters reported on Tuesday, in what could be the sharpest monthly decline in output since the Covid-19 pandemic.
The reduction, estimated between 300,000 and 400,000 barrels per day, comes as Ukraine ramps up its strike campaign against the energy and export infrastructure that accounts for roughly a quarter of Russia’s state revenue.
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The April drop represents a total decline of up to 600,000 barrels per day compared to late 2025 levels. However, the news agency noted that a monthly decline would not necessarily mean an annual production decline.
“Against the backdrop of ongoing attacks on Russia’s ports and refineries, it will be difficult to [deliver] oil without cutting output,” one source told Reuters, noting that upcoming spring maintenance shutdowns will further constrain operations.
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The production drop could undermine the recent oil windfall for the Kremlin. The International Energy Agency said that Russian oil revenue surged to $19 billion in March after the U.S. issued temporary sanctions relief to stabilize markets roiled by the war in the Middle East.
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