Washington’s criticism is misplaced: attacks on oil refineries will not have the effect on global energy markets that U.S. officials fear. These s​trikes reduce Russia’s ability to turn its oil into usable products; they do not affect the volume of oil it can extract or export. In fact, with less domestic refining capacity, Russia will be forced to export more of its crude oil, not less, pushing global prices down rather than up. Indeed, Russian firms have already started selling more unrefined oil overseas. As long as they remain restricted to Russian refineries, the attacks are unlikely to raise the price of oil for Western consumers.

  • Amoxtli@thelemmy.club
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    6 months ago

    Why Ukraine should keep striking Russian oil refineries = Why Russia should continue attacking Ukraine.

    • IchNichtenLichten@lemmy.world
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      6 months ago

      This is an example of why Lemmy should implement posting bans for accounts with way more downvotes than upvotes. Then I wouldn’t have to read this fucking drivel.