Ukraine Hits Russia’s Perm Oil Refinery, Among the Largest in the Country

Russia’s Perm oil refinery, one of the largest in the country, is on fire this morning following a Ukrainian drone attack.

Source: Mish Talk

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DW NOTE

Ukraine is systematically dismantling Russia's refining capacity while the Strait of Hormuz remains choked. Perm processes 262,000 barrels per day — roughly three times the daily flow now passing through the Gulf chokepoint. Moscow can pump all it wants; if it can't refine domestically or ship through contested waters, crude in the ground is just geology.

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