WS #15305
Ukraine's long-range strikes have neutralized more than half of Russia's oil refining capacity, severely hampering Moscow's ability to supply its forces and tightening global fuel markets. Compounding this, a looming strike by North Sea oil workers threatens to further disrupt UK fuel supplies. This dual supply shock is elevating energy risk premiums and pressuring downstream consumers like airlines.
Energy Supply Shock
Ukraine's long-range strikes have neutralized more than half of Russia's oil refining capacity, severely hampering Moscow's ability to supply its forces and tightening global fuel markets. Compounding this, a looming strike by North Sea oil workers threatens to further disrupt UK fuel supplies. This dual supply shock is elevating energy risk premiums and pressuring downstream consumers like airlines.