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Mar 22, 2024 · The US has urged Ukraine to halt attacks on Russia’s energy infrastructure, warning that the drone strikes risk driving up global oil prices and provoking retaliation, according to three people...
Jun 25, 2024 · What can a formal cost-benefit analysis, a standard tool in military planning and corporate strategy, tell us about the utility of Ukraine’s ongoing strike campaign against Russia’s oil refining sector and other military and critical infrastructure targets?
Jun 25, 2024 · This potential rise in oil prices is the primary reason that the Biden administration has urged Kyiv not to attack Russian refineries. But attacks on refineries reduce Russia’s domestic oil processing capacity, not the volume of oil the country can extract or export.
- Sergey Vakulenko
May 8, 2024 · Attacks on Russian oil refineries will not have the effect on global energy markets that U.S. officials fear. If Russia chooses to shut wells instead of increasing exports, the global oil price would indeed rise—the outcome the Biden administration seeks to avoid.
- Michael Liebreich
Mar 12, 2024 · MOSCOW, March 12 (Reuters) - Ukraine pounded targets in Russia on Tuesday with dozens of drones and rockets in an attack that inflicted serious damage on a major oil refinery and sought to...
Apr 9, 2024 · Defense Secretary Lloyd Austin warned that Ukraine’s recent attacks on Russian oil refineries risk impacting global energy markets and urged the country to focus on military targets instead.
May 20, 2024 · MOSCOW, May 19 (Reuters) - Russia said on Sunday that Ukraine launched a major 62-drone attack on Russian regions forcing one oil refinery in southern Russia to halt operations, and...