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Ukraine Hits Another Russian Refinery as Fuel Crunch Worsens
Oil & Fuel OilIndustry news

Ukraine Hits Another Russian Refinery as Fuel Crunch Worsens

Ukraine continues to pound Russian refineries in nearly daily drone attacks that damage refining infrastructure, deepen the fuel crisis in Russia, and tighten global fuel markets. In the latest attack on Monday night, Ukrainian forces hit the 180,000-barrels-per-day Afipsky refinery in the southern Russian region of Krasnodar. A fire broke out at the refinery as a result of the strike, the governor of the Krasnodar region, Veniamin Kondratiev, wrote in a post on Telegram on Tuesday. At least 10 homes were damaged in the Afipsky village and…

Editorial Desk

Russia Eyes Central Asia as a Safe Haven for Its Defense Industry
Oil & Fuel OilIndustry news

Russia Eyes Central Asia as a Safe Haven for Its Defense Industry

With Russian infrastructure being pummeled by Ukrainian drones, the Kremlin is hoping to sustain its war effort in Ukraine going by deepening defense cooperation with Kazakhstan and Uzbekistan. It is uncertain, however, whether Astana and Tashkent will go along with Moscow’s wishes. Russia appears to be primarily interested in outsourcing the manufacture of arms, establishing assembly lines and maintenance facilities in the Central Asian nations, thus putting them beyond the reach of Ukrainian drones, according to a report published…

Editorial Desk