CommoditiesMedium•4 October 2026•
1 min read
Zelensky Vows Refinery Strikes as G7 Approves 100 Million Barrel Oil Release
Key Facts
1President Zelensky announced plans to intensify attacks on Russian oil refineries in response to strikes on Ukrainian civilian infrastructure.
2French President Macron confirmed G7 approval to release 100 million barrels of emergency oil and diesel stocks to ease supply strains.
President Zelensky announced plans to intensify attacks on Russian oil refineries in response to strikes on Ukrainian civilian infrastructure. Reuters reported that Ukraine aims to disrupt Russia's war funding as intelligence suggests a broader Russian doctrine to target energy and logistics assets ahead of the winter season.
French President Emmanuel Macron confirmed that the G7 has approved the release of 100 million barrels of emergency oil and diesel stocks to ease global supply strains. According to ZeroHedge, this move follows pressure from the Trump administration to stabilize fuel prices and address a refining crunch exacerbated by the ongoing conflict and regional supply disruptions.