Ukraine hits Russia's biggest refinery, pushing more crude onto tankers
Ukraine struck the Omsk refinery, Russia's largest, on October 8. It was the second hit this year on a plant that processes about 22 million tonnes of crude a year. With refining knocked out, Russia sells more raw crude by sea, lifting demand for tanker owners DHT Holdings (DHT) and Frontline (FRO). Tight fuel supply firms prices for producers Chevron (CVX) and ExxonMobil (XOM), and the oil fund USO.
Touched assets
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Russia-Ukraine War Stalemate Risks Widening as Ukraine Hits Russia's Largest Refinery at Omsk
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