Oil Refining

Bloomberg reports that Ukraine’s long-range drone attacks have managed to cut Russia’s daily oil refining capacity by up to 900,000 barrels

The news that Ukraine’s long-range drone attacks have managed to cut Russia’s daily oil refining capacity by up to 900,000 barrels is a significant development in the ongoing conflict between the two nations. This tactic has proven to be a triple win for Ukraine, with the attacks not only reducing oil products but also creating scarcity that affects both military and civilian operations. By targeting Russian distillation plants, Ukraine is effectively disrupting Russia’s ability to fuel military operations and live training exercises, forcing them to reallocate air defense systems to protect critical oil facilities. This not only weakens the Russian military but also highlights the vulnerability of Russia’s economy, which has long been dependent on oil exports.… Continue reading