WS #10981
Putin concedes Russia faces fuel shortages after Ukrainian drone strikes on refineries, potentially supporting oil prices. US and Iran agree to halt attacks and resume talks, a counter-signal to prior conflict escalation, potentially easing oil supply fears. Iranian kamikaze drone destroys sections of an oil refinery in Erbil, Iraqi Kurdistan, adding geopolitical risk to oil supply.
Putin Admits Russian Fuel Shortages
Putin concedes Russia faces fuel shortages after Ukrainian drone strikes on refineries, potentially supporting oil prices.
US and Iran agree to halt attacks and resume talks, a counter-signal to prior conflict escalation, potentially easing oil supply fears.
Iranian kamikaze drone destroys sections of an oil refinery in Erbil, Iraqi Kurdistan, adding geopolitical risk to oil supply.