alt Hacker NewsRussia's oil revenue was down but it was far from being game changing even with stricter sanctions. The oil sector hit has always been more of a big incentive to end the war then something than will impact it militarily on the ground.
Russia's oil revenue was down but it was far from being game changing even with stricter sanctions. The oil sector hit has always been more of a big incentive to end the war then something than will impact it militarily on the ground.
Really? Cost of extraction in Russia is about $30/barrel, sanctions introduced discount of about $20/barrel in 2025 which means 70% profit drop at market price of $60. Sounds pretty game changing to me.