Morning Edition · Sunday, June 28, 2026
Ukraine Strikes Two More Russian Oil Refineries as Energy War Continues
Kyiv presses its campaign against Moscow's fuel industry while Russia says it intercepted many drones and missiles overnight.

Ukraine struck two oil refineries inside Russia overnight as it continued its campaign against Moscow's energy industry, Euronews reported. Ukraine's air force said its own defenses had shot down six Russian ballistic missiles, one anti-ship missile, and 125 drones during the same period, underscoring that both sides are sustaining large exchanges.
Russian accounts emphasize interceptions and civilian harm. State agency TASS reported that air defenses destroyed more than 190 Ukrainian drones over a week in the Kherson region, while RIA Novosti said a person was killed in the Zaporizhzhia region in attacks it attributed to Ukrainian forces. Temporary flight restrictions imposed at the airport in Kaluga, southwest of Moscow, were lifted, according to Russian state media, a routine sign of drone activity near the capital.
The strategy behind Ukraine's strikes is economic. By degrading refining capacity, Kyiv aims to cut the fuel supply and export revenue that fund Russia's war, accepting that Moscow retaliates against Ukraine's own grid and infrastructure. Independent verification of damage on either side remains difficult, and the two governments' claims diverge.
Part of a tracked trend
Ukraine's Deep Strikes on Russian Energy and Logistics
Ukraine sustains a campaign against Russian refineries and supply lines over the next 3-6 months, pressuring Moscow's oil revenue while Russia retaliates against Ukraine's grid.
- If true, who benefits
Kyiv's "long-range sanctions" narrative aimed at cutting Russian fuel revenue, plus traders pricing tighter global refined-product supply.
- The nuance
The refinery hits are confirmed by Russian regional officials, but both sides' interception and casualty tallies (Ukraine's 125 drones downed, Russia's 190) are self-reported and not independently verified.
An open-source-intelligence read of how likely this story is true with its real nuance, not a judgment of any outlet. It assesses the claim, weighing independent and adversarial reporting. How we label confidence.
What this means
Attacks on Russian refineries tighten the country's domestic fuel supply and reduce the oil revenue that sustains its budget, while removing refining capacity from a market already sensitive to Middle East risk. The campaign links two separate conflicts to the same global energy market.
What to watch
- Russian domestic fuel prices and any move toward rationing, which would show the strikes are reaching the real economy rather than just symbolic targets.
- The pace of Russian retaliation against Ukraine's power grid, since sustained damage there shapes both the humanitarian situation and Kyiv's capacity to keep fighting.
Observations to monitor, not financial advice.
Synthesized from: Euronews · TASS · RIA Novosti
More from this edition
- Oil Risk Returns to the Strait of Hormuz as US-Iran Strikes Enter a Fourth Day
- US-Iran Ceasefire Frays as Both Sides Trade Strikes and Blame
- BIS Warns AI Spending Boom Could End in a Prolonged Investment Bust
- Kazakhstan Courts Washington With Tungsten Deal, Calling Trump 'Sent by Heaven'
- China Removes Tariffs on 53 African Countries as It Courts the Continent
- Venezuela's Quake Toll Climbs With Tens of Thousands Still Missing
- Indonesia Plans to Cut State Companies From About 1,000 to 250
- Spain Adds Russia to Its Tax-Haven List and Drops Gibraltar After 35 Years
- Europe's Heatwave Leaves at Least 1,000 Excess Deaths in France
- Hungary's New Government Moves to Dismantle the Orban System
- Tehran's Stock Market Falls as Investors Shift Toward Gold