According to Reuters, the facilities of Lukoil, Rosneft, Gazprom Neft, and Surgutneftegas have been impacted, collectively producing over 30% of gasoline and 25% of diesel in the country. Exchange prices for AI-92 have increased by 2% over the week, while AI-95 has risen by 3%. Year-on-year, gasoline prices have surged by 19-24%.
However, experts do not consider the situation critical. The attacks do not imply a halt in the operations of the plants—the damage can be addressed within one to fourteen days. "The market reacts not to a physical shortage but to the risks of such a deficit," says Sergey Tereshkin, CEO of Open Oil Market, drawing a parallel to the rise in oil prices before the onset of the Middle Eastern crisis. In case of fuel shortages in specific regions, Belarus is prepared to supply over 200,000 tons of gasoline per month duty-free. The Ministry of Energy claims the market remains stable, and Novak has conducted an emergency meeting.
Forbes has investigated why there is a gasoline shortage on the exchange while gas stations remain unaffected, how long it typically takes to restore damaged oil refineries, and what support Belarus can offer.
?: Fire at the Tuapse Oil Refinery, April 16, 2026 (Photo: Maxar / Getty Images)