- Geopolitical tensions are driving oil price increases and affecting refining operations on the Gulf coast, while bombardments target Russian oil depots.
- Strikes against Russian oil production and refining are underway, with the conflict spilling into the Red Sea and impacting global oil flows affecting Europe and China.
Damage to Russian refineries is impacting global diesel supply, prompting the Trump administration to increase American refiners' production capacity.
1 report, 1 independent
Updated Sep 6
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What happened
Damage to Russian refineries is impacting global diesel supply, prompting the Trump administration to increase American refiners' production capacity.