Ukrainian drones hit Russia’s oil lifeline, offsetting war-driven price boom
Ukraine’s sustained drone strikes are severely disrupting Russia’s oil export capacity, cutting output by over 40%, even as global prices surge בעקבות the Hormuz Strait crisis
While rising oil prices briefly boosted Russia’s revenues further supported by temporary U.S. sanction relief attacks on key export hubs like Novorossiysk and Baltic terminals are now undermining Moscow’s ability to capitalize
The pressure is spilling into Russia’s economy, with inflation rising, businesses shutting down, and fears growing that prolonged war could trigger a broader financial crisis