US oil prices skyrocket due to this Ukrainian move against Russia…| Zelensky hurts own allies? |Trump
Published on Nov 17, 2025 11:24 am IST
Ukraine’s escalating campaign of drone and missile attacks on Russian oil refineries, export terminals, and energy depots has directly contributed to a sharp rise in global oil prices. Recent strikes on key sites like the Novorossiysk oil port on November 14 temporarily halted Russian maritime exports and sent crude futures up 2-3% in the US, Europe, and Asia. Analysts point to a combination of Ukrainian attacks, refinery outages in Kuwait and Nigeria, and fresh US/EU sanctions on energy giants like Rosneft and Lukoil as major factors fueling the price surge. Ukraine’s strikes have reportedly forced 38-40% of Russian refining offline at times, causing fuel shortages within Russia and tighter global supply.
RELATED VIDEOS
Singapore launches AI-driven warship RSS Victory amid rising regional tensions
Published on Dec 09, 2025 09:18 am IST
Orban, Erdogan cement Russian energy lifeline to Hungary | Ukraine War | Turkey
Published on Dec 09, 2025 09:10 am IST
PM Takaichi issues one week Tsunami alert after powerful quake off Japan’s coast
Published on Dec 09, 2025 09:05 am IST
Putin vows to boost Russia-led CSTO with drills, coordination & arms exports
Published on Dec 09, 2025 09:01 am IST
Assad’s ‘anti-Putin’ clip leak; Will ex-Syrian leader feel tremors in Russia?
Published on Dec 09, 2025 01:37 am IST
Costa warns against American interference, ‘Europe must replace US in NATO'
Published on Dec 09, 2025 01:33 am IST