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XorNot 8 hours ago

Russian infrastructure isn't affecting oil prices.

The Russians are losing refineries, not oil fields.

The Russian crude trade to countries like India pushes the price down globally, but limits Russian access to refined fuels and products.

It also limits their ability to fund the war.

bryanlarsen 8 hours ago | parent [-]

Russian infrastructure losses are affecting global diesel prices, pushing up the cost of everything.

MarkusQ 4 hours ago | parent | next [-]

Russia hasn't been exporting diesel to anyone for a while now, and they're unlikely to resume exports anytime soon.

https://www.reuters.com/business/energy/russia-extends-diese...

pbkompasz 7 hours ago | parent | prev [-]

Source?

toasty228 7 hours ago | parent | next [-]

All the petrol processed in the world is consumed virtually on the spot, take down any production capacity anywhere and you'll create all kind of nasty side effects, now take down multiple major actors/transport roads and you get the current situation

bryanlarsen 7 hours ago | parent | prev [-]

Basic supply & demand. Russia has banned the export of gas & diesel, and is buying gas from India.