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The Nexus
BUSINESSMay 12 · 17:00 UTCBLOOMBERGAlaric Nightingale

Russia Sees 2026 Oil Output Flat as Kyiv Steps Up Drone Strikes

Russia expects its oil output to be flat in 2026 due to increased drone strikes from Kyiv, which have targeted oil storage facilities such as the Tuapse oil refinery. The attacks have resulted in destruction of infrastructure. Oil production is anticipated to remain stable despite these disruptions.

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