{
  "id": 19975536,
  "title": "Ukrainian Strikes Slow Russian Economic Growth and Hit Oil Refining — Bloomberg",
  "url": "https://urgent.news/2026/11/14/ukrainian-strikes-slow-russian-economic-growth-and-hit-oil-refining",
  "topic": "world",
  "section": "World",
  "published": "2026-11-14T11:04:00.000Z",
  "source": {
    "name": "UATV English",
    "slug": "uatv-english",
    "url": "https://uatv.ua/en/ukrainian-strikes-slow-russian-economic-growth-and-hit-oil-refining-bloomberg/"
  },
  "original_language": "en",
  "account": "Russia's economy is experiencing a slowdown due to Ukrainian strikes on key infrastructure, including oil refineries, ports, and industrial facilities. These attacks are disrupting production, hindering oil and petroleum product exports, and contributing to inflationary pressures. Economists predict that Russia's GDP growth may have slowed to 0.9% in the third quarter of 2026, a significant drop from 1.3% in the previous quarter. Ukrainian strikes targeting Russia's industrial and energy infrastructure are causing supply disruptions, reducing output, and increasing operating costs. The oil refining sector has been particularly affected, with oil refining volumes falling by 18% in the third quarter compared to the same period last year. Attacks on ports and oil terminals have further strained Russia's export capacity, leading to reduced shipments of crude oil and petroleum products. Tatiana Orlova, an Oxford Economics lead economist, attributes the decline in Russia's seaborne oil exports to escalating tensions in the Azov-Black Sea basin. The economic challenges are exacerbated by high interest rates and rising borrowing costs, which limit businesses' access to working capital and weaken demand. Fuel production shortages are also driving up prices and increasing inflation, making it difficult for the Russian Central Bank to cut interest rates and support economic activity. The strikes have forced the shutdown of 15 out of Russia's 38 largest oil refineries, resulting in losses exceeding $23 billion. Additionally, nine of the country's 35 largest oil facilities have been disrupted. Fuel shortages have prompted at least eight Russian regions to restrict gasoline and diesel sales.",
  "summary": "Russia’s economy is losing momentum as Ukrainian strikes on oil refineries, ports, and industrial facilities increasingly disrupt production, complicate oil and petroleum product exports, and add to inflationary pressures. Economists surveyed by Bloomberg estimate that Russia’s gross domestic product (GDP) growth may have slowed to 0.9% in the third quarter of 2026, down from 1.3% in the second…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}