Russia takes control of Japanese factories; refinery strikes hit diesel

· Energy · Russia · Japan

Russian President Vladimir Putin placed four Japanese factories under Russian management, according to NHK, and Russia also took control of assets belonging to a Japan Tobacco subsidiary. The moves deepen the economic rupture between Moscow and Tokyo. Separately, renewed Ukrainian attacks on Russian oil refineries, reportedly targeting the Ryazan and Yaroslavl plants this week, ended a temporary pause in strikes and depleted Russian diesel supply. Ukraine's strikes on refineries this year have forced large amounts of processing capacity in western Russia offline, as attention focuses on a possible US deal.

Why it matters：Russia is seizing foreign assets and losing refining capacity at once, squeezing fuel supplies and raising the cost of doing business with Moscow.

Key points

  • Putin put four Japanese factories under Russian management.
  • Russia also seized assets of a Japan Tobacco subsidiary.
  • Ukrainian strikes on Ryazan and Yaroslavl refineries depleted diesel supply.

Sources (original reporting)

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