The Hormuz Letter(@HormuzLetter):BREAKING: Ukrainian drones have just struck Russia's Kapotnya oil refinery in Moscow, the city's only refinery with a capacity of around 280,000 barrels per day, in a raid on the capital this morning. This comes only six days after Trump claimed that Ukraine had agreed to stop hitting Russian energy targets, that Russia had agreed likewise, and that the world's diesel price rise "is mostly caused by the Russia/Ukraine War, not Iran."

The Hormuz Letter

@HormuzLetter

Iranian. The Middle East through the lens of oil, markets, and money. This is the only account.

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The Hormuz Letter@HormuzLetter

2026.09.20 03:33

BREAKING: Ukrainian drones have just struck Russia's Kapotnya oil refinery in Moscow, the city's only refinery with a capacity of around 280,000 barrels per day, in a raid on the capital this morning. This comes only six days after Trump claimed that Ukraine had agreed to stop hitting Russian energy targets, that Russia had agreed likewise, and that the world's diesel price rise "is mostly caused by the Russia/Ukraine War, not Iran."

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