this post was submitted on 22 Mar 2024
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US urged Ukraine to halt strikes on Russian oil refineries (www.ft.com)
submitted 8 months ago by [email protected] to c/[email protected]
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The US has urged Ukraine to halt attacks on Russia’s energy infrastructure, warning that the drone strikes risk driving up global oil prices and provoking retaliation, according to three people familiar with the discussions. [...]

One person said that the White House had grown increasingly frustrated by brazen Ukrainian drone attacks that have struck oil refineries, terminals, depots and storage facilities across western Russia, hurting its oil production capacity.

Russia remains one of the world’s most important energy exporters despite western sanctions on its oil and gas sector. Oil prices have risen about 15 per cent this year, to $85 a barrel, pushing up fuel costs just as US President Joe Biden begins his campaign for re-election.

Un-paywalled link: https://archive.ph/wv1Y3

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[–] [email protected] 14 points 8 months ago (1 children)

Isn't it the republicans withholding aid to Ukraine? So bombing refineries would drive up prices, making Biden unpopular, increasing the likelihood of Trump getting elected which would make more aid even more unlikely? Or am I missing something? 🤔

Not bombing them allows Russia to make money though, so it seems both choices are bad ones here.

[–] [email protected] 4 points 8 months ago

That's a good point. I hadn't considered that incentive. It's possible that maybe Ukraine will hold off on oil attacks until after the election, then.