Learn more

Attacks by Ukrainian drones on Russian energy infrastructure have disabled 14% of the country’s oil refining capacity and led to an increase in domestic fuel prices, according to Bloomberg. The agency referred to an assessment by the US Department of Defense’s Intelligence Directorate, summarized in a report published on Thursday, May 16, by the Inspector General overseeing US aid to Ukraine. According to the report, the loss of part of Russia’s oil refining capacity led to an increase in domestic prices by 20%-30% by mid-March. It prompted a halt in exports to focus on meeting domestic demand…

cuu