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Refinery Cuts

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world3 months ago

Escalating Ukraine-Russia Conflict Disrupts Fuel Supplies and Infrastructure

Russia is experiencing fuel shortages, especially of gasoline grades Ai 92 and Ai 95, due to Ukrainian drone attacks on refineries and export terminals, which have reduced refining capacity and exports. Private fuel stations are hit hardest because they can't stockpile fuel amid high interest rates, while oil majors remain operational. The crisis is affecting various regions and is linked to broader geopolitical tensions and economic challenges.