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

  • Don_alForno@feddit.de
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    8 months ago

    warning that the drone strikes risk driving up global oil prices

    Good. Where are those sanctions on anyone buying Russian oil anyway? You didn’t hesitate when it was about trade with Iran.

    and provoking retaliation,

    From a country they are already in all out war with? What, so Russia was holding back until now? Only killing half the civilians and raping half the women they could have?

    Fuck these people complaining about oil prices when people are fighting for their lives. Disgusting!

  • Justin@lemmy.jlh.name
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    8 months ago

    ffs, William Spaniel already made a video about this. Ukraine is only targeting Russian oil because the US is withholding military aid. There’s no incentive for Ukraine to weaken its war efforts and keep oil prices low, if the US isn’t going to give Ukraine anything in return. You can’t go around complaining about the economic impact of a WAR.

    • nivenkos@lemmy.world
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      8 months ago

      It’s just hilarious that the US will bomb Nordstream and push Europe into crisis, whilst resisting any action that might raise their oil prices in the election year.

      Just so one-sided it’s incredible.

          • Rusty Shackleford@programming.dev
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            8 months ago

            Yes that’s true, but I’m not talking about that. I’m talking about the claim that the US government destroyed Nord Stream to force the EU to buy LNG from US companies.

            • brainrein@feddit.de
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              8 months ago

              No, of course not, America would never force anybody to buy their stuff.

              They destroyed NordStream to support Europe in becoming independent of cheap Russian gas.

        • Don_alForno@feddit.de
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          8 months ago

          That’s just not true.

          (I still don’t think they did it, but I do think they cheered when it happened.)

      • brainrein@feddit.de
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        8 months ago

        But that’s what Hegemons do, that’s how hegemony works, everything for yourself. No matter at what costs, the others are going to pay the price. What I consider ironic, that all the American people (the not so rich part of it) gets out of that status is feeling good for being a superpower.

        Which is exactly what the population of the Soviet Union was granted from their government. And they are supporting a war to regain that status.

        I can’t wait to watch the American empire to go down.

      • rinze@infosec.pubOP
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        8 months ago

        It’s not yet proven that it was the US, no? I mean, I wouldn’t be surprised at all, but I still don’t know that’s a fact.

          • brainrein@feddit.de
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            8 months ago

            You mean like all the other conspiracy theories about the USA?

            That they secretly made a weapons deal with Iran to get money to support the Contras in Nicaragua for example. That they helped to kill democratically elected Allende and install the dictator Pinochet. That they staged a false flag operation to take over the Vietnam war from the French. That they helped take down democratically elected Mossadegh in Iran and install the Shah. That they produced false evidence as pretext to invade Irak. Two times. That they tried many times to assassinate Fidel Castro.

            Sorry, but things happening in the world matching American interests makes me suppose they did it. I am convinced they did it. I am old, I can’t wait 30 years for the archives to open till I blame somebody.

            They did it!

        • Justin@lemmy.jlh.name
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          8 months ago

          Most people suspect it was Ukraine, honestly. But there’s a bunch of people who will try to blame America every chance they get.

  • Truck_kun@beehaw.org
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    8 months ago

    I’m curious how an oil refinery in Russia affects global oil prices in any significant way? I would imagine it would lower prices globally.

    Don’t refineries turn oil into fuel, like gasoline? To the best of my knowledge countries don’t typically export gasoline, do they? I thought they exported crude.

    Wouldn’t being unable to refine crude, mean they need to export more crude, since they can’t indefinitely store it, thus bring down oil prices? In the short-term, I wouldn’t be surprised at an increase in global price due to news media/speculation, but long term effect, I could only imagine global crude price going down.

    On the other hand, I would of course think local gas/fuel prices would skyrocket in Russia due to not being able to refine it.

    I’m sure I’m very much wrong in my logic; if someone on the internet wouldn’t mind correcting me with a proper explanation. Of course this is all based on refinery attacks, I didn’t read this specific article, but I am not aware of oil rigs/oil extraction sites being attacked (that would clearly be a separate situation if it is happening).

    • tryptaminev 🇵🇸 🇺🇦 🇪🇺@feddit.de
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      8 months ago

      Oil prices in this case is a broad term. Countries that can refine crude prefer to do so, as it makes a lot of money. At the end of the day, the normal person at the gast station doesn’t care if the crude was cheaper or more expensive. They care about what they pay for gasoline.

      More specific to the infrastructure often the oil is directly delivered to the refinery and only the refined products make it onto the market at all. So by cutting off the refinery also the oil exploration that comes before is cut off from the market.

  • plistig@feddit.de
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    8 months ago

    warning that the drone strikes risk … provoking retaliation, according to three people familiar with the discussions.

    Yeah, Russia might even start a war with Ukraine if they didn’t stop! Could you imagine that?