Russia Cuts Oil Output in April Due to Ukrainian Attacks and Pipeline Halt
Russia is expected to cut oil production by 300,000 to 400,000 barrels per day in April due to Ukrainian drone attacks on ports and refineries, as well as a halt in crude supplies via the last remaining Russian oil pipeline to Europe. This marks a significant decline in output, impacting Russia's economy and global oil markets.
Topics: energy market oil production Russia supply chain disruptions Ukraine conflict