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Geopolitics · ▲ Bullish · 1 source confirmed · 2026-09-26 13:54 UTC

Ukraine strikes Russian oil refinery despite Trump’s call for ceasefire

Why now

Thesis: Supply-side war risk supports oil

Catalyst to watch: Further strikes or ceasefire progress

Main risk: Ceasefire would unwind the premium

Why it matters

Strikes on Russian refining cut supply and raise geopolitical risk premium, supporting crude prices.

Related assets & topics

Oil

Sources

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