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Ukraine is decimating Russia's oil refining capacity.
View: https://twitter.com/visegrad24/status/1775041402767880212
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edition.cnn.com
“If you think about the sanctions that have been put in place so far, they’ve largely bypassed energy,” Croft explained. “It really has been energy exports, crude, natural gas, refined products, that have given Russia the economic lifeline to continue to fight this war.
Ukraine says 12% of Russian refining capacity is now offline, while Reuters calculates it’s up to 14%. Russia has admitted some of its refining capacity is down and has temporarily banned exports of gasoline to avoid an increase in domestic fuel prices.
View: https://twitter.com/visegrad24/status/1775041402767880212