According to Reuters, the facilities of Lukoil, Rosneft, Gazprom Neft, and Surgutneftegas have been affected, collectively producing more than 30% of gasoline and 25% of diesel in the country. Exchange prices for AI-92 have risen by 2% over the week, while AI-95 has increased by 3%, and year-on-year gasoline prices have surged by 19-24%.

Experts, however, do not consider the situation to be critical. The attacks do not mean a halt to operations at the refineries—the damage can be addressed within one to fourteen days. "The market is reacting not to a physical shortage but to the risks of such a shortage," says Sergey Tereshkin, CEO of Open Oil Market, comparing the current scenario to the rise in oil prices prior to the Middle Eastern crisis. In the event of fuel shortages in certain regions, Belarus is prepared to supply over 200,000 tons of gasoline per month tariff-free. The Ministry of Energy asserts market stability, and Novak has convened an emergency meeting.

Forbes has investigated why a gasoline shortage is occurring on the exchange while gas stations remain unaffected, how long it typically takes to restore damaged refineries, and what assistance Belarus can provide.

?: Fire at the Tuapse Oil Refinery, April 16, 2026 (Photo: Maxar / Getty Images)