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Story summary
- Ukraine launched 31 drone strikes against Russian oil facilities in May, the highest monthly total since the war began.
- Russia’s crude and condensate output fell to 9.009 million barrels per day in May, about 370,000 barrels per day below the November peak of 9.38 million and roughly 690,000 barrels per day under its OPEC+ production quota.
- The drone attacks disrupted storage and transportation facilities needed to sustain oil output.
