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Putin Seeks Imports and Bans Fuel Exports as Drone Strikes Cut Nationwide Refining by One-Third

The Kremlin banned gasoline and jet fuel exports and is pursuing rare imports of refined products after Ukrainian drone strikes knocked about one-third of Russia's refining capacity offline.Crude oil processing fell roughly 25% to about 3.95M barrels per day in June and gasoline output dropped about 17%, triggering nationwide rationing, long queues, regional sales limits and a state of emergency in Crimea.Repair of damaged units will take months because sanctions have limited access to specialized parts and equipment, analysts warn that shortages could persist through the summer while Vladimir Putin has sought to reassure the public that the situation is non-critical.
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