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Ukrainian Drone Attack Hits Lukoil Refinery Deep in Russia

oilprice.com · August 22, 2026 · Week 2026-34

Summary

A Ukrainian drone strike has hit a Lukoil refinery deep inside Russia, part of a sustained campaign targeting the country's energy infrastructure. These attacks aim to disrupt Russia's domestic fuel supply and its ability to export refined products, creating pressure on its war effort and impacting global energy markets.

Strategic Implication

Sustained attacks on Russian refining capacity tighten global refined product markets and could alter crude trade flows, impacting the supply/demand balance managed by OPEC+.

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