USO - Ukraine Drones Target Russian Oil Installations: Why US Gasoline Prices Are At Risk | Benzinga
Ukraine drone attacks are increasingly targeting Russian infrastructure, and at the top of the list are oil and refining installations. Could this have a knock-on impact on gasoline prices in the U.S.?
In the last two days, two Russian fuel depots have been damaged — one critically — in separate Ukrainian drone and rocket attacks.
Industry sources, reported by Reuters, said the attacks left the crude distillation plant at Norsi so damaged that around half of the refinery’s output has been cut.
That’s significant, as the refinery is capable of producing 340,000 barrels of gasoline a day. That equates to 11% of Russia’s gasoline.
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