Ukraine Launches Drone Attacks on Russian Refineries, Disrupting Oil Supply Chains
Ukraine’s drone attacks targeted Russian refineries, crippling oil production. Russia is now relying on a sanctioned shadow fleet from NATO member Turkey to import oil to a Baltic port. A deal to process Russian oil in Kazakhstan and fuel shipments from India via Egypt have emerged as critical workarounds. The Kremlin is pressuring allies to sell urgently needed fuel.
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The once world-leading producer of crude oil has plunged into an energy crisis as Kyiv targets its refineries A sanctioned shadow fleet tanker carries oil from Nato member Turkey to a Russian Baltic port. A deal is signed for Russian oil to be processed in Kazakhstan. Fuel cargoes arrive from India via Egypt. The Kremlin pressures allies to sell it badly needed fuel. The data points may be diverse, but they point to a single inescapable conclusion. Continue reading...