WS #11524
Ukrainian drones struck Russia's largest oil refinery in Omsk, over 2,500 km from the border, marking one of the deepest attacks on Russian territory and impacting global oil supply expectations. Morgan Stanley cut its Q3 Brent forecast by $15 to $75/bbl, citing easing Strait of Hormuz disruption concerns, countering the oil supply crisis narrative.
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, marking one of the deepest attacks on Russian territory and impacting global oil supply expectations.
Morgan Stanley cut its Q3 Brent forecast by $15 to $75/bbl, citing easing Strait of Hormuz disruption concerns, countering the oil supply crisis narrative.