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Drone Hits on Russia Ports Put Indian Refining at Risk, IEA Says

Alaric Nightingale
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⚡ Quantum Brief
Ukraine’s drone strikes on Russian Baltic and Black Sea oil ports threaten India’s crude refining sector, the International Energy Agency warned in its April 2026 report. Three key Russian ports—Primorsk, Ust-Luga, and Novorossiysk—supplied 80% of India’s Russian crude imports last year, all now facing repeated Ukrainian drone attacks. Disruptions could force Indian refiners to seek costlier alternatives, risking supply chain instability and higher fuel prices amid already tight global oil markets. The IEA’s alert highlights escalating geopolitical risks to energy flows, as Ukraine’s drone campaign expands beyond traditional battlefronts to target economic infrastructure. India, the world’s third-largest oil importer, may face refining slowdowns if attacks persist, compounding pressure on its energy-dependent economy.
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Ukraine’s drone strikes on key Russian oil-export outlets in the Baltic and Black seas may put India’s crude-refining operations at risk in the near future, according to the International Energy Agency.Last year, 80% of Russian crude imports to India originated from three major ports — Primorsk, Ust-Luga and Novorossiysk — that have recently become regular targets of Ukrainian drones, the Paris-based agency said in its monthly report published Tuesday.

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