WS #11364
Ukrainian drones struck oil terminals near St. Petersburg and Vysotsk port, with Zelensky confirming the attack; Ukraine claims 42.7% of Russia's oil refining capacity disabled, causing $13.5B losses and fuel shortages. Iran warns against foreign military presence in Strait of Hormuz; ship-tracking shows at least eight vessels making U-turns, with some switching to Iran-designated routes, indicating ongoing navigation risks. China to cut gasoline and diesel prices by biggest margin in nearly six years (950 yuan/tonne), reflecting easing Middle East tensions and recovery in Hormuz shipping.
Ukraine drone strikes on Russian oil infrastructure
Ukrainian drones struck oil terminals near St. Petersburg and Vysotsk port, with Zelensky confirming the attack; Ukraine claims 42.7% of Russia's oil refining capacity disabled, causing $13.5B losses and fuel shortages.
Iran warns against foreign military presence in Strait of Hormuz; ship-tracking shows at least eight vessels making U-turns, with some switching to Iran-designated routes, indicating ongoing navigation risks.
China to cut gasoline and diesel prices by biggest margin in nearly six years (950 yuan/tonne), reflecting easing Middle East tensions and recovery in Hormuz shipping.