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Trump Condemns Ukraine’s Russian Refinery Strikes as a “Disgrace”

Trump Condemns Ukraine’s Russian Refinery Strikes as a “Disgrace” | EN590 Commodities Group
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Trump Condemns Ukraine’s Russian Refinery Strikes as a “Disgrace”

October 16, 2026
Source: oilprice.com
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Trump Condemns Ukraine’s Russian Refinery Strikes as a “Disgrace” What I Cover Irina Slav has been writing about global energy markets since 2007, covering the oil and gas industry, energy security, commodities, and the… Ukraine’s renewed attacks on Russian refineries are a “disgrace” and will only lead to higher prices, President Donald Trump has said in comments about the latest Ukrainianattackof a Rosneft facility in Ryazan.

“All he’s doing is making the world oil price higher.

Well, I think that’s a disgrace,” Trump told Newsmax in aninterview.

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“There are a lot of targets you can hit, but when you shoot at diesel refineries where you make, you know, diesel oil, ‌and we need that, and the world needs that, then he’s not doing a good service for the world,” the U.S.

president added, also telling Newsmax he was “not a fan” of the Ukrainian president and that “They've destroyed that country,” in what appears to be a deepening rift between the Ukrainian president and the biggest donor to his war effort.

Earlier in the week, the Ukrainian forces paused attacks on refineries after President Trump announced a ceasefire between Kyiv and Moscow on Sunday.

Neither side confirmed it had agreed to the ceasefire and, sure enough, Russian forces continued striking targets in Ukraine.

On Thursday, President Zelensky told the Financial Times in an interview, “The block is out.

We’re done,” and spoon after the Ryazan refinery, owned by Rosneft, got struck with a drone attack.

The facility accounts for 5% of Russia’s total national refinery throughput.

The restart of refinery attacks will no doubt worsen an already problematic global fuel supply problem that is especially marked in diesel.

For that to change, both wars would need to end; it is becoming increasingly obvious.

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Indicative Market Prices October 16, 2026 11:43 UTC
ProductPriceChange
Brent Crude$102.14/bbl +0.34%
WTI Crude$96.90/bbl +0.21%
EN590 Diesel$846/MT +0.18%
Jet Fuel A-1$1090/MT +0.55%
Mazut M100$450/MT -0.15%
Bitumen 60/70$470/MT +0.08%
Sulphur Gran 99.5%$470/MT -0.44%
Urea 46% Gran$650/MT +1.12%
NPK 16-16-16$460/MT -0.28%
Nat Gas TTF$15.42/MMBtu +0.92%
* Indicative prices for reference only. Contact us for firm offers.
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