SMH
·australia
·17 hours ago
Putin is running out of time and money
Ukraine's drone attacks have crippled 60 percent of Russia's refining capacity, forcing Moscow to import fuel as budget revenues plummet. Since early June, Ukrainian strikes on refineries across Russia have driven diesel prices to record highs in Rotterdam and drained Kremlin reserves.
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Published 20 Jul 2026, 08:20 UTC · Updated 20 Jul 2026, 08:30 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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