Jun. 7 at 6:43 AM
$USO Russia 40% less, Iran exports halted, oil cheap,
Ukraine's long-range strategic campaign targeting Russian energy infrastructure and logistics has successfully taken roughly 40% of Russia's total oil export capacity and a significant chunk of its primary oil refining capacity offline. This disruption represents the most severe blow to the Russian energy sector in modern history.The reduction in capacity and production stems from several coordinated fronts:Refinery Strikes: Ukrainian drones have successfully struck numerous major Russian oil refineries. As of May, this knocked out roughly 40% of primary Russian oil refining capacity, crippling the production of refined products like aviation fuel, gasoline, and diesel.Terminal and Pipeline Outages: Attacks on major export hubs such as Primorsk and Ust-Luga on the Baltic Sea, as well as the Druzhba pipeline and the Novorossiysk terminal in the Black Sea, have heavily choked off the flow of crude
