Oil giant once Moscow-based, now a symbol in post-Soviet corporate history
Ukrainian drone strikes and Russia’s wartime economy are pushing Russia toward a prolonged strain. Inflation, higher taxes, and heavy military spending have tightened civilian life, with analysts predicting years of economic hardship ahead.
Ukrainian drone strikes have damaged Russian oil infrastructure, triggering fuel shortages across the country. Authorities report production hiccups, rationing in some regions, and attempts to stabilise supplies amid heightened price pressures. The government has sanctioned imports and redirected shipments to mitigate the impact.