🚨 Exclusive from Reuters: the Russian oil industry is under serious attack
According to Reuters, at least 40% of Russia's oil export capacities have been halted ⚠️
This is approximately 2 million barrels per day — the largest supply disruption in modern history.
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💥 What is happening:
• Ukraine has sharply increased drone attacks on infrastructure
• Key ports are under attack:
— Novorossiysk 🌊
— Primorsk
— Ust-Luga
• Even the Druzhba pipeline has been affected
• Additionally:
— problems with tankers
— disruptions in logistics
— attacks on refineries and pumping stations
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📉 Why this is important:
• Oil = ~25% of the Russian budget revenues 💰
• Russia is the second largest oil exporter in the world
• The blow came at a time when prices were already > $100 per barrel 📊
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🌍 What’s next:
Russia is reorienting towards Asia:
• China 🇨🇳 (key pipelines)
• exports through Kozmino
• supplies from Sakhalin
But there is a problem 👇
👉 infrastructure is limited, quickly replacing Europe will not be possible