Belarus Refineries Post Decade-High Profits as Russia Fuel Crisis Boosts Exports

Belarusian refineries achieved their highest profitability in a decade in 2026, driven by record gasoline and diesel exports to Russia amid its refining crisis. Shipments of gasoline to Russia surged 25-fold in the first seven months of 2026, with reserve capacity activated for round-the-clock operations. This marks a significant shift in regional fuel flows, with Belarus capitalizing on Russia's downstream disruption.