WS #16614
Ukraine has launched renewed strikes on Russian oil refineries, directly challenging previous ceasefire expectations and disrupting global energy supply chains. Brent crude surged to $117.60 intraday before settling at $113.64, a move that significantly tightens global fuel availability. This escalation forces a sharp repricing of energy assets while simultaneously imposing a heavy cost penalty on fuel-intensive industries like aviation and logistics.
Ukraine-Russia Energy Shock
Ukraine has launched renewed strikes on Russian oil refineries, directly challenging previous ceasefire expectations and disrupting global energy supply chains. Brent crude surged to $117.60 intraday before settling at $113.64, a move that significantly tightens global fuel availability. This escalation forces a sharp repricing of energy assets while simultaneously imposing a heavy cost penalty on fuel-intensive industries like aviation and logistics.