Russian Refineries Cut Diesel Output

Recent drone attacks force half of Russia top diesel-producing refineries to cut or halt output. The disruptions drive up global fuel prices and prompt export restrictions.

Russia's and Ukraine's flags are seen printed on paper in this illustration taken January 27, 2022. REUTERS/Dado Ruvic/Illustration

Half of Russia's top six diesel refineries slashed or halted output in September following sustained drone attacks, tightening global fuel supplies. The disruptions drove United States diesel retail averages above $6 a gallon on Thursday. The squeeze hits Ukraine's adversary as Western leaders clash over targeting energy infrastructure.

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.