Russia"s oil pipeline monopoly, Transneft, has indicated that oil producers may need to reduce output due to recent drone attacks by Ukraine on key export ports and refineries, according to three industry sources on Tuesday, September 16, 2025.
Since August, Ukraine has intensified its attacks on Russian energy infrastructure in an effort to disrupt Moscow"s military operations in Ukraine and diminish the Kremlin"s revenue, as peace negotiations have stalled.
Over the past decade, oil and gas revenues have constituted between one-third and one-half of Russia"s total federal budget, making the energy sector a crucial source of government financing.
For further context on the situation, see recent developments regarding international responses to the conflict.
