Can the Kremlin afford to fix Russia’s oil crisis?
For a country that pumps roughly nine million barrels of oil a day – the third highest of any country in the world – Russia has managed to achieve something genuinely remarkable: it cannot keep its own gas stations stocked. More than half of its regions are now reporting shortages, the consequence of a Ukrainian drone campaign that has struck with increasing frequency and precision at the refinery infrastructure on which the country's civilian economy depends. The sometimes hours-long lines that have appeared – even in Moscow, for what may be the first time in the war – carry a symbolic weight that no amount of official reassurance from the Kremlin has managed to dispel. How this has come about is obvious enough.