WS #11556
Ukrainian drones struck two tankers in the Sea of Azov, Russia's largest refinery, and an oil depot in Kerch, causing widespread blackouts in Crimea and representing a major escalation in attacks on Russian energy infrastructure. OPEC+ agreed to increase oil output by 188,000 bpd in August, the fifth consecutive monthly increase, as oil prices have fallen below pre-Iran war levels.
Ukraine-Russia Energy War Escalation
Ukrainian drones struck two tankers in the Sea of Azov, Russia's largest refinery, and an oil depot in Kerch, causing widespread blackouts in Crimea and representing a major escalation in attacks on Russian energy infrastructure.
OPEC+ agreed to increase oil output by 188,000 bpd in August, the fifth consecutive monthly increase, as oil prices have fallen below pre-Iran war levels.