WS #11523
Ukrainian drones struck Russia's largest oil refinery in Omsk, over 2,500 km from the border, disrupting 23 million tons of annual capacity, escalating the energy war. Morgan Stanley cut Q3 Brent forecast by $15 to $75/bbl, citing easing Strait of Hormuz concerns, countering the oil supply disruption thesis.
Ukraine strikes Russia's largest oil refinery in Omsk
Ukrainian drones struck Russia's largest oil refinery in Omsk, over 2,500 km from the border, disrupting 23 million tons of annual capacity, escalating the energy war.
Morgan Stanley cut Q3 Brent forecast by $15 to $75/bbl, citing easing Strait of Hormuz concerns, countering the oil supply disruption thesis.