WS #11171
Ukraine intensified drone strikes on Russian oil refineries, including the previously untouched Omsk refinery, causing severe fuel shortages in Russia and forcing Moscow to purchase fuel abroad. A ship ran aground in the Strait of Hormuz as Iran continues to exert control, but US-Iran talks in Qatar are ongoing and Brent crude fell 2% to $71.48, indicating some de-escalation premium.
Ukraine Drone Strikes on Russian Oil Infrastructure
Ukraine intensified drone strikes on Russian oil refineries, including the previously untouched Omsk refinery, causing severe fuel shortages in Russia and forcing Moscow to purchase fuel abroad.
A ship ran aground in the Strait of Hormuz as Iran continues to exert control, but US-Iran talks in Qatar are ongoing and Brent crude fell 2% to $71.48, indicating some de-escalation premium.