WS #11538
Ukrainian drones hit Russia's largest refinery in Omsk (2,500 km from border) and St. Petersburg oil terminal, escalating conflict and threatening Russian fuel supply. Oil prices fall on OPEC+ production increase and Strait of Hormuz normalization, but US SPR at lowest since 1983 and Russian refinery strikes support prices.
Ukraine drone strikes on Russian oil infrastructure
Ukrainian drones hit Russia's largest refinery in Omsk (2,500 km from border) and St. Petersburg oil terminal, escalating conflict and threatening Russian fuel supply.
Oil prices fall on OPEC+ production increase and Strait of Hormuz normalization, but US SPR at lowest since 1983 and Russian refinery strikes support prices.