WS #11169
Ukrainian drone strikes on Russian oil refineries cause severe fuel shortages, forcing Russia to import gasoline from India; Omsk refinery targeted for first time. Strait of Hormuz remains mostly closed, stopping 20% of global oil; Iran pushes for lasting control; tanker rates surge.
Ukraine-Russia Energy War Escalation
Ukrainian drone strikes on Russian oil refineries cause severe fuel shortages, forcing Russia to import gasoline from India; Omsk refinery targeted for first time.
Strait of Hormuz remains mostly closed, stopping 20% of global oil; Iran pushes for lasting control; tanker rates surge.