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Ukraine levels up the fight with drone strikes deep into Russia - Lemmy.World (lemmy.world)

submitted 9 months ago* (last edited 9 months ago) by [email protected] to c/[email protected]

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By last week, the evidence of a new and sustained attack against a crucial part of Russia’s economy was impossible to ignore. On Wednesday, a drone hit the Tuapse oil refinery in southern Russia on the Black Sea. Flames from the burning refinery were visible above an inky skyline. Nearby, the airport in Sochi – Putin’s favourite resort, famed for its pebble beaches – was forced to close.

So far this year, Ukrainian drones have struck at least four Russian oil and gas terminals across the country. The attacks are part of a growing asymmetrical campaign by Kyiv to cripple the industry and to deprive Moscow of the billions of dollars in global revenue it uses to fund its war. About half of Russia’s $420bn export earnings last year came from oil.

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[–] [email protected] 0 points 9 months ago (4 children)

The lower the aid support from the west, the less tact Ukraine has to show when going after international trade targets like oil and gas infra. At some point they will start impacting world oil prices.

[–] [email protected] 0 points 9 months ago (2 children)

Which could very well be the reason they held back in the past; out of consideration for oil and gas prices affecting their Western friends. Now that the biggest friend seems to have abandoned them (likely until November), that consideration is worth a lot less, weighing it against strategic benefits from reducing Russian reserves and income.

[–] [email protected] 0 points 9 months ago (1 children)

The cynic in me sees the US becoming a major oil and gas exporter due to the high prices thus benefitting from high oil prices. And the Russian army Beiing ground down damaging the combat potential and demographics in Russia long term. India and china buying cheap Russian Oil and gas, price gouging the Russians as they have no other big buyers. All global arms manufacturers Dee governments ramping up military spending. Meaning that the longer this all drags out the better it is for many countries.

[–] [email protected] 0 points 9 months ago* (last edited 9 months ago)

the US becoming a major oil and gas exporter

This is a common misconception - we're already the oil producing gorilla. Oil, both unrefined and refined, have been the top exports of the US for years now - well over a decade. We are the largest global producer of oil - by a huge margin - and have been for years. In 2022 we were almost 19% of the global supply - producing 50% more than each #2 Saudi Arabia and #3 Russia, and more than the next 4 countries combined.

The conservatives in the US like to say that we have to drill in an attempt to become energy independent, but we send much of our product to higher paying markets outside of our own border. Our only imbalance is in the mix of refinery capability and domestic supply type (light/heavy/sweet).

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