Ukraine Escalates Precision Drone Strikes on Russian Oil Export Terminals and Refineries
Ukrainian forces hit key sites including Ust-Luga (40% capacity loss), Primorsk, Yaroslavl refinery and Saratov in the past week β the 10th major energy strike this month β while Moscow enjoys premium crude pricing and partial US sanctions relief amid Middle East disruptions. Russia eyes gasoline export ban from April…
- β European refiners face higher feedstock costs and product imports, accelerating substitution toward US/Middle East barrels and lifting Atlantic Basin tanker rates.
- β Russian refiners divert crude to domestic stocks to avoid export ban penalties, creating inland logistical bottlenecks and potential regional fuel shortages.
- +3 more β
