Hard Numbers
Hard number: Ukraine rips into Russia’s oil windfall
Russia’s two main oil export locations that have come under attack account for more than 40% the country’s seaborne crude export capacity.
Natalie Johnson
April 07, 2026
Russia’s two main oil export locations that have come under attack account for more than 40% the country’s seaborne crude export capacity. At one site, Primorsk, Ukraine’s attacks have decimated more than $200 million worth of fuel. Moscow has been getting a boost in oil revenue while Iran seals off the Strait of Hormuz, sending oil and gas prices surging.
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