Russia’s largest oil producer Rosneft reported a 70% year-on-year drop in net profit in the first three quarters of the year, according to its IFRS financial statements published Friday.
These are just the financial figures for the first 9months. Ukraine only started attacking Russian refineries a lot in August and the Rosneft refineries have been hit only more recently. For example according to Wikipedia the Ryazan refinery was “It go boom. 15 November 2025.” So this is going to get a lot worse.
These are just the financial figures for the first 9months. Ukraine only started attacking Russian refineries a lot in August and the Rosneft refineries have been hit only more recently. For example according to Wikipedia the Ryazan refinery was “It go boom. 15 November 2025.” So this is going to get a lot worse.
Also US sanctions are not part of this either.