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International Relations Energy

All articles tagged with #international relations energy

"Ukraine's Targeted Strikes Disrupt Russia's Oil and Gas Industry"

Originally Published 1 year ago — by Quartz

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Source: Quartz

Ukrainian forces have attacked three Russian oil refineries, including the largest operated by Rosneft, in an effort to undermine Russia's economic stability and reduce its oil revenue. This comes as Russia's oil exports reach their highest level this year, and as the country faces economic constraints due to military spending. The attacks also coincide with an upcoming presidential election in Russia, where economic stability has been a key selling point for Vladimir Putin's continued leadership.

"Ukraine Strikes Russian Oil Depot as Both Countries Report Drone Attacks"

Originally Published 1 year ago — by Yahoo! Voices

Featured image for "Ukraine Strikes Russian Oil Depot as Both Countries Report Drone Attacks"
Source: Yahoo! Voices

Ukraine has targeted a Russian oil depot in the Kursk region, causing an explosion and prompting the Kremlin to ban fuel exports for six months in response to the strikes on oil and gas facilities. The British Ministry of Defence suggested that Russia's refining capacity had been temporarily reduced by multiple drone strikes. Russian fuel prices have risen by around 10% this year, with shortages linked to attacks on infrastructure and the impact of Western sanctions.