Drones strike Kstovo oil refinery in Russia
Published
Drones have attacked the Kstovo oil refinery in Russia. The refinery is located in the Nizhny Novgorod region, roughly four hundred kilometres east of Moscow.
The refinery has an annual capacity of about 17 million tonnes of crude oil. That makes it one of the larger installations of this type in the country. The report does not say exactly how much damage was caused or whether production has been halted.
Attacks on energy facilities have occurred regularly since the start of the war between Russia and Ukraine. Refineries are important because they convert crude oil into fuels such as petrol and diesel. For this reason, energy markets often follow such events closely.
It is not yet clear what consequences the attack will have for production and global oil prices. No official figures are currently available on the extent of the damage. New information may be published later.
Sources: tech-insider.org
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