Oil tankers sail along Nakhodka Bay near the port city of Nakhodka, Russia Aug 12, 2022. LONDON: Global oil benchmark Brent on Tuesday rose above US$89 a barrel for the first time since October, albeit briefly, as oil supplies faced fresh threats from Ukranian attacks on Russian energy facilities and escalating conflict in the Middle East.
A Reuters analysis of images showing the impact of the attack suggest it hit the refinery's primary oil refining unit, which accounts for about half of the plant's total annual production capacity of 340,000 barrels per day . In the Middle East, Iran has vowed to take revenge on Israel for an airstrike that killed two of its top generals and five other military advisers at the Iranian embassy compound in Damascus.
Elsewhere, an ecological organisation on Tuesday said that a European satellite had spotted an oil spill in the northern Caspian Sea near Kazakhstan's giant Kashagan oilfield.