Russia’s Perm oil refinery (260k BPD) has halted operations after May 7th drone attack, sources say
Context
The halt in operations at Russia's Perm oil refinery following the drone attack could significantly affect supply dynamics, potentially leading to tighter market conditions for crude oil. This development may influence WTI prices, especially if similar disruptions escalate, as the market reacts to shifting supply forecasts and geopolitical tensions.
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