Russian gasoline prices surge nearly 7% in June, up almost 20% year-on-year; Ukrainian drone strikes disrupt supply
According to Rosstat, Russian gasoline prices rose 6.88% in June 2026 compared to May, and are 19.90% higher than a year ago. The increase is attributed to reduced production due to Ukrainian drone attacks on oil refineries.
Consumer gasoline prices in Russia continue to climb sharply. Interfax reported, citing Rosstat data, that in June 2026, gasoline prices increased by 6.88% from the previous month. On an annual basis, prices are 19.90% higher than in June 2025.
Different grades of gasoline saw varying increases. AI-92 rose 7.3% in June, AI-95 increased 6.7%, and AI-98 went up 3.1%. Diesel fuel prices also rose, by 7.1%.
Rosstat data also shows annual inflation in Russia reached 6.02% in June, the highest since January 2026 when it stood at 6.58%. This is up from 5.31% in May. Consumer prices increased 0.87% in June and 4.19% since the start of the year.
The price surge is driven by supply constraints. According to Reuters, gasoline production in Russia has fallen to 65% of average seasonal consumption due to Ukrainian drone strikes on oil refineries.
Deputy Prime Minister Alexander Novak acknowledged on July 10 that Russia faces “problems and a shortage, because of which we are seeing lines, or gas stations sometimes working unreliably.” President Vladimir Putin stated that Ukrainian forces are striking Russian oil refineries to create a “nervous atmosphere” in the country.
The Russian government and relevant agencies are discussing new measures to support the fuel market. These include analyzing Belarusian fuel pricing on the St. Petersburg Exchange, addressing unjustified nighttime closures of gas stations, extending the import damper to diesel fuel, and developing a mechanism for exchange-based swap operations for petroleum products to optimize supply logistics.
