WS #16579
Ukraine has restarted drone strikes on Russian oil refineries, hitting the Novokuibyshevsk facility just days after a reported pause. This supply disruption has pushed WTI crude above $102, creating a classic energy inflation shock. While energy majors like BP benefit from higher prices and refining margins, the spike poses significant headwinds for airlines, shipping, and consumer discretionary sectors facing rising input costs.
Energy Supply Shock
Ukraine has restarted drone strikes on Russian oil refineries, hitting the Novokuibyshevsk facility just days after a reported pause. This supply disruption has pushed WTI crude above $102, creating a classic energy inflation shock. While energy majors like BP benefit from higher prices and refining margins, the spike poses significant headwinds for airlines, shipping, and consumer discretionary sectors facing rising input costs.