Smoke following Ukrainian strikes on an oil refinery on the outskirts of Moscow on 18 June. Source: AFP/Getty Images
A wave of Ukrainian strikes on Russian fuel infrastructure has reduced Russia's oil refining output to its lowest level in more than 21 years.
Source: Bloomberg, citing EA Analytics data
Details: Since the beginning of the month, Russian oil refineries have processed an average of 3.91 million barrels of crude oil per day, the lowest level since March 2005. That is more than 1.4 million barrels per day below the average recorded a year earlier.
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