Attack on Russian energy facilities sees oil prices rise

Oil prices increased on Monday following Ukrainian drone attacks on Russian energy facilities, with Brent crude rising by 0.5% to $67.31 a barrel. The attacks, which included a significant strike on the Kirishi oil refinery, indicate Ukraine’s willingness to disrupt Russian oil exports, potentially leading to higher prices, according to analysts. President Donald Trump has also stated that he is ready to impose sanctions on Russia if NATO countries cease purchasing Russian oil, adding further pressure to the situation.