BREAKING June 3: Ukrainian unmanned aerial vehicles targeted and ignited the St. Petersburg Oil Terminal — the largest fuel storage and export hub in northwestern Russia — during the early hours of June 3, 2026, coinciding with Putin's inauguration of the prestigious St. Petersburg International Economic Forum. A dense plume of black smoke enveloped the city skyline. More than 20 flights at Pulkovo Airport were cancelled. This attack is part of Ukraine's strategy that has compelled Russia to reduce crude oil production by 300,000 to 400,000 barrels daily, akin to a medium-sized OPEC country, following assaults on 15 refineries from January to May 2026. Energy experts warn that disruptions in the Baltic Sea export could influence gasoline prices in the US.
