Russian Fuel Shortages Worsen Amid Ukrainian Strikes, Oil Supply Concerns

Russian Fuel Shortages Worsen Amid Ukrainian Strikes, Oil Supply Concerns

Russia, one of the world's top oil producers, is experiencing unprecedented fuel shortages across over 90% of its regions. Intensifying Ukrainian strikes on Russian depots are disrupting supply chains, leading to rationing and long queues at petrol stations. The Kremlin has downplayed the crisis, but drivers are facing significant inconvenience. This situation could tighten global oil supplies, potentially pushing crude oil prices higher, which would increase Pakistan's import bill and fuel domestic inflation, indirectly impacting gold and currency rates.

بحوالہ / Source: www.brecorder.com