Russia’s Dual-War Windfall: How Two Conflicts Are Driving Oil Toward $150 Per Barrel

TLDR: Russia’s monthly oil revenue doubled to $24 billion as Brent crude surpassed $100 per barrel. Ukraine’s drone strikes have taken roughly 40 percent of Russian export refining capacity offline. Iran’s attack on Ras Laffan removed 17 percent of global LNG and 33 percent of helium supply. Western sanctions capped Russian oil at $60 per [...]

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