Russian refinery in Yaroslavl halts crude processing after drone strike

The significance lies less in the strike itself than in the absence of anything concrete about damage, duration or lost output — which leaves the market unable to price the disruption. Refining outages matter for product markets and for how much crude Russia can still process domestically, but a single halted facility with no disclosed restart timeline is not yet a supply story. The open question is whether this remains an isolated incident or becomes a pattern of repeated strikes on refining capacity.