Ukraine’s attacks on Russian refineries could ignite a new energy shock
{"@context":"https://schema.org","@type":"NewsArticle","dateModified":"2026-07-13T01:59:16Z","datePublished":"2026-07-13T01:59:16Z","description":"Ukraine’s successful targeting of its oil refineries has moved Russia from an exporter of diesel to an importer. Ukraine’s targeting of its oil refineries – it has struck almost all the country’s major refineries – has taken out about a quarter of Russia’s refining capacity. Their removal from the market – and Russia’s addition as a buyer – will force more competition from those countries for the reduced global supply.Refined product prices hadn’t fallen by as much as crude oil prices after the fragile ceasefire in the Middle East was agreed last month.
- ▪{"@context":"https://schema.org","@type":"NewsArticle","dateModified":"2026-07-13T01:59:16Z","datePublished":"2026-07-13T01:59:16Z","description":"Ukraine’s successful targeting of its oil refineries has moved Russia from an exporter of die
- ▪Ukraine’s targeting of its oil refineries – it has struck almost all the country’s major refineries – has taken out about a quarter of Russia’s refining capacity.
- ▪Their removal from the market – and Russia’s addition as a buyer – will force more competition from those countries for the reduced global supply.Refined product prices hadn’t fallen by as much as crude oil prices after the fragile ceasefir
Opening excerpt (first ~120 words) tap to expand
{"@context":"https://schema.org","@type":"NewsArticle","dateModified":"2026-07-13T01:59:16Z","datePublished":"2026-07-13T01:59:16Z","description":"Ukraine’s successful targeting of its oil refineries has moved Russia from an exporter of diesel to an importer. That’s a threat for the rest of the world.","headline":"Ukraine’s attacks on Russian refineries could ignite a new energy shock","keywords":"Energy, Opinion, Middle East at war, Russia, Petrol prices, Donald Trump, Russia-Ukraine war, For subscribers","author":[{"@type":"Person","name":"Stephen Bartholomeusz","jobTitle":"Senior business…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.