Ukrainian drones damage Transneft oil loading facilities at Russia's Ust-Luga port

Mar 31, 2026, 8:23:50 AM UTC(12 hours ago)

Impact: Very High

Affected Assets

The attack on March 31 marks the fifth time in ten days that the Ust-Luga terminal has been targeted by Ukrainian long-range drones
Regional Governor Alexander Drozdenko confirmed damage to the port infrastructure which handles approximately 700,000 barrels of crude oil per day
Russian authorities reported downing 389 drones across multiple regions overnight as Ukraine intensifies its campaign against energy export hubs
The repeated strikes have forced multiple suspensions of export operations at the facility which shipped over 32 million metric tons of products last year
Market analysts suggest the persistent nature of the attacks is creating significant difficulties for Russia's Baltic Sea oil logistics and export capacity

UKRAINIAN DRONES HIT CRUDE OIL LOADING FACILITIES OF TRANSNEFT AT RUSSIA'S UST-LUGA PORT, SOURCES SAY