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flag Ukraine’s drone attacks have reduced Russia’s oil refining capacity by 40%, causing fuel shortages and raising fears of escalation.

flag Ukraine’s drone strikes on Russian oil refineries have cut Russia’s refining capacity by roughly 40%, disrupting fuel supplies and causing shortages and long lines at gas stations. flag While global oil prices haven’t surged and Texas gas prices haven’t dropped significantly, the damage could boost demand for alternative crude like West Texas Intermediate over time. flag Russia continues exporting oil to China, North Korea, and black markets despite sanctions, but further refinery damage may force Moscow into riskier moves. flag President Putin warns U.S. arms support for Ukraine could trigger direct U.S.-Russia conflict, heightening fears of escalation amid Russia’s possession of nuclear and other weapons.

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