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CommoditiesMedium•13 February 2026•

1 min read

Ukrainian Drone Strikes on Lukoil Refinery Fuel Oil Supply Concerns

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Ukrainian drones have struck a Lukoil PJSC oil refinery in Russia, marking the second such incident this week. This action is part of Ukraine's ongoing strategy to target Russian energy infrastructure amidst the conflict. The repeated strikes are escalating concerns over potential disruptions to global oil supply. Analysts suggest these developments could exert upward pressure on crude oil prices. Instruments such as WTI Crude Oil and Brent Crude Oil are particularly sensitive to these geopolitical developments, contributing to a bullish outlook for energy markets.

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