WS #11602
Ukraine's drone strikes have halted Russia's largest refinery, with Zelensky stating no major refinery untouched; Gazprom Neft shares fell 8.3%. Multiple ships including a Qatari LNG tanker struck by Iranian forces in the Strait of Hormuz, escalating tensions despite ceasefire. Indian state refiners considering buying Iranian crude if US extends waiver, potentially dampening oil price spike.
Ukraine Drone Campaign Escalation
Ukraine's drone strikes have halted Russia's largest refinery, with Zelensky stating no major refinery untouched; Gazprom Neft shares fell 8.3%.
Multiple ships including a Qatari LNG tanker struck by Iranian forces in the Strait of Hormuz, escalating tensions despite ceasefire.
Indian state refiners considering buying Iranian crude if US extends waiver, potentially dampening oil price spike.