Russia’s Oil Industry, Linchpin of Economy, Feels Sting of Ukraine War Disruptions

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Russia’s Oil Industry, Linchpin of Economy, Feels Sting of Ukraine War Disruptions
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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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