Russia's oil-storage facilities are filling up, refineries are cutting output and crude-oil wells are reducing production—a blow for the country's economy as Moscow wages war on Ukraine
Storage facilites are filling up, refineries are cutting output and crude-oil wells are throttling back production—a blow for the country’s economy as Moscow wages war on Ukraine
Russia’s attack on Ukraine helped push the price of oil to over $100 a barrel for the first time since 2014. Here’s how rising oil costs could further boost inflation across the U.S. economy. Photo illustration: Todd Johnson
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Russia says it hits Ukraine air defenses before eastern pushRussia claims that it destroyed several air-defense systems in Ukraine over the weekend, in what appeared to be a renewed push to gain air superiority and take out weapons Kyiv has described as crucial ahead of a broad new offensive in the east.
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