🟡🔥 Ukrainian strikes on Russian refineries lead to a decrease in world oil prices, — Foreign Affairs

The shocks affect Russia's ability to convert crude oil into fuel, but crude oil exports are increasing, leading to lower world prices

⏺ In total, since October, Ukraine has carried out at least 20 strikes on Russian refineries. By the end of March, Ukraine destroyed about 14% of Russian oil refining capacity. Refineries can take years to repair, and within the Russian Federation prices for petroleum products, such as gasoline and diesel fuel, have already begun to rise sharply