Ukraine Says It Hit Russia’s Taneco Refinery, Small Oil Terminal

Ukraine reported overnight strikes on a major refinery deep inside Russia and a small Black Sea oil terminal amid Moscow’s second wave of gasoline shortages. The action raises near-term risk to Russian refining and product supply, likely sustaining upward pressure on regional fuel prices and keeping gasoline availability tight.

Analysis

Ukraine reported overnight strikes on a major refinery deep inside Russia and a small Black Sea oil terminal amid Moscow’s second wave of gasoline shortages. The action raises near-term risk to Russian refining and product supply, likely sustaining upward pressure on regional fuel prices and keeping gasoline availability tight.