Russia Cuts Oil Production and Exports Amid Sanctions and Attacks

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Source: Новая газета Европа
Russia Cuts Oil Production and Exports Amid Sanctions and Attacks
Photo: Новая газета Европа
TL;DR Summary

Russian oil production significantly decreased in December by over 100,000 barrels per day due to US sanctions impacting export sales, marking the largest drop since mid-2024, with difficulties in selling crude overseas and potential effects from Ukrainian airstrikes on production facilities.

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