U.S. Blames Ukraine Attacks for Global Fuel Price Rise
US Treasury Secretary says Kyiv's attacks on Russian energy infrastructure are driving up global fuel prices.
Consensus
- The U.S. Treasury Secretary stated that Ukrainian attacks on Russian energy infrastructure are contributing to rising global fuel prices.
- The U.S. government reportedly communicated concerns to Ukraine about attacks on foreign tankers and the CaspianPipeline Consortium (KTC) infrastructure.
- A Greek Suezmax tanker named 'Skiros' was damaged on August 17 after loading at the KTC terminal.
Points of divergence
- The U.S. Treasury Secretary also cited U.S. military actions against Iran as a cause of the energy shock, stating that prices would fall once the Iran conflict ends. — kommersant
- The U.S. Vice President personally conveyed the request to Ukraine's president on July 31, and Ukrainian forces temporarily refrained from attacks after that. — kommersant
Coverage (2 sources)
- US Treasury links rise in global fuel prices to strikes by Armed Forces of Ukraine on Russian energy — Коммерсантъ
- Attacks by Kyiv on Russian energy infrastructure lead to rise in global fuel prices, US Treasury Secretary says. — РИА Новости (Telegram)