
Report: Ukraine's Port Strikes May Force Russia to Curtail Oil Output
After a series of damaging attacks by Ukrainian drones, Russia's oil refining and export infrastructure may not have the capacity to handle - or even store - the full output of Russian oil wells, according to new reports. Transneft, the dominant Russian pipeline operator, has put limits on the quantity of storage that producers can use in its pipeline network, Reuters reports. The midstream operator has warned oil companies that if the damage continues and demand drops at the...
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