Article
Russia Struggles To Deliver Crude Oil As It Hits 135 Million Barrel Traffic Jam
Russia Struggles To Deliver Crude Oil As It Hits 135 Million Barrel Traffic Jam
Russia is struggling to deliver all of the crude it’s being forced to ship overseas in the face of escalating Ukrainian drone strikes on its refineries.
Nearly 135 million barrels of Russian crude oil are currently stranded at sea as a result of Ukraine’s airstrike campaign targeting refineries with the intent to cripple crude processing. The offshore backlog is forcing Moscow to significantly ramp up export volumes according to OilPrice.com.
Intensive Ukrainian drone strikes, including recent hits on the Gazprom...
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