Omnibus Russia Ukraine crisis
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The hypocrisy of the British Government over Putin's election win...
Russian refining capacity down by 7% in first quarter due to Ukrainian drone attacks
In response to refinery outages, Russia is set to increase its oil exports through Western ports by almost 200,000 barrels per day in March.
BY IRYNA VOICHUK 18/03/2024
Ukrainian drone attacks deep into Russia targeting its oil industry have idled around 7% of Russian refining capacity in the first quarter, according to an analysis by Reuters.
In the past three months, Ukraine has intensified its drone attacks against the Russian oil industry. Over the past week, Ukraine has targeted several Russian oil facilities with drone attacks, aiming to hit the core of Russia’s economy over two years into Moscow’s full-scale invasion of Ukraine.
Brent crude oil briefly surpassed $86 per barrel on Monday for the first time since November, before retreating, as Ukraine escalated its attacks on Russian energy infrastructure, Reuters reported.
Vandana Hari, founder of Vanda Insights, a provider of oil market analysis, commented on the situation, saying, “The strikes on Russian refineries added $2-$3 per barrel of risk premium to crude last week, which remains in place as we start this week with more attacks over the weekend.”
In response to refinery outages, Russia is set to increase its oil exports through Western ports by almost 200,000 barrels per day in March.
BY IRYNA VOICHUK 18/03/2024
Ukrainian drone attacks deep into Russia targeting its oil industry have idled around 7% of Russian refining capacity in the first quarter, according to an analysis by Reuters.
In the past three months, Ukraine has intensified its drone attacks against the Russian oil industry. Over the past week, Ukraine has targeted several Russian oil facilities with drone attacks, aiming to hit the core of Russia’s economy over two years into Moscow’s full-scale invasion of Ukraine.
Brent crude oil briefly surpassed $86 per barrel on Monday for the first time since November, before retreating, as Ukraine escalated its attacks on Russian energy infrastructure, Reuters reported.
Vandana Hari, founder of Vanda Insights, a provider of oil market analysis, commented on the situation, saying, “The strikes on Russian refineries added $2-$3 per barrel of risk premium to crude last week, which remains in place as we start this week with more attacks over the weekend.”
Belgorod Russia (a city the size of Saskatoon) is under seige. Evacuations underway.
Canada coughed up another 2.2 Billion to Ukraine
Tit for tat...
Russian nuclear plant near Ukraine border attacked by drones
It marks at least the fourth time that the nuclear power plant has been targeted throughout Russia's invasion of Ukraine.
www.newsweek.com
Just change the rules of engagement on the use of western weapons to hit military targets in Russia
