Ukraine’s attacks on Russian refineries could ignite a new energy shock
Ukraine's attacks on Russian oil refineries have forced Moscow to cease diesel exports, leading to significant price increases globally. Diesel futures in the U.S. rose nearly 12 percent to $154.71 a barrel, marking a four-year high. The shift may disrupt global energy supplies, affecting industries and consumers as demand for diesel remains strong.
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Published 13 Jul 2026, 01:59 UTC · Updated 13 Jul 2026, 02:00 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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