MOSCOW — Russian crude oil exports have risen to their highest levels since the start of the full-scale war in Ukraine in 2022, as elevated global oil prices and shifting market conditions have boosted shipments from the world’s second-largest oil exporter.
Seaborne Russian crude exports reached about 3.9 million barrels per day in late June, according to tanker-tracking data cited by industry analysts, marking the strongest export pace since 2022. The increase comes as disruptions in global energy markets have lifted oil prices and created additional demand for available crude supplies.
The rise in exports has coincided with pressure on Russia’s domestic refining sector. Analysts have linked higher crude shipments partly to reduced refinery processing capacity following attacks on Russian oil infrastructure, which have affected fuel production and encouraged more crude to be directed toward export markets.
Russia has continued to sell oil despite Western sanctions imposed after its invasion of Ukraine, with exports redirected increasingly toward buyers in Asia and other markets. The International Energy Agency said Russia’s oil and petroleum product exports remained substantial in 2026, with crude shipments and revenues supported by market conditions.
The increase in crude exports has occurred during a period of volatility in global energy markets linked to conflict in the Middle East and concerns over supply disruptions. Higher benchmark prices earlier in the year improved the value of Russian shipments, while changing trade flows helped keep Russian barrels available to international buyers.
Shipping data also showed continued participation by vessels connected to Western maritime services in Russian crude transport, following policy exemptions and adjustments related to sanctions enforcement, according to industry data provider S&P Global.
Russia’s government has not provided a separate public confirmation of the specific export figures cited by market analysts. Moscow has repeatedly said its energy sector remains resilient despite sanctions, while Western governments have argued that restrictions are intended to limit revenues supporting Russia’s war effort.
The export increase has come alongside domestic fuel challenges. Russian officials have acknowledged supply pressures in parts of the country, with reports of shortages and higher prices at some independent fuel stations.
Energy markets are continuing to monitor Russian export flows, refinery operations and sanctions policies as traders assess the balance between global supply availability and geopolitical risks.
