WS #11401
Ukrainian drones hit St. Petersburg oil terminal and Vysotsk port, disrupting one-third of Russia's refining capacity and extending fuel export bans. Strait of Hormuz reopens faster than expected with 35 tankers exiting Iran route; Morgan Stanley cuts oil forecasts warning of glut, countering supply disruption narrative.
Ukraine drone strike on St. Petersburg oil terminal
Ukrainian drones hit St. Petersburg oil terminal and Vysotsk port, disrupting one-third of Russia's refining capacity and extending fuel export bans.
Strait of Hormuz reopens faster than expected with 35 tankers exiting Iran route; Morgan Stanley cuts oil forecasts warning of glut, countering supply disruption narrative.