Posted on 02/24/2024 5:59:01 AM PST by SpeedyInTexas
Rosneft Marine Oil Terminal at Port of Tuapse is burning right now after mass Ukrainian drone strike. Port infrastructure ablaze along with at least one oil tanker.
“Rosneft Marine Oil Terminal at Port of Tuapse is burning”
Ukrainian sanctions - the most effective.
We talk a lot about Russia’s oil refineries, but its export terminals are key outlets for its oil to flow, and there are fewer of them, than there are refineries to strike.
“Rosneft Marine Oil Terminal at Port of Tuapse is burning right now”
Customers need to wean off of Russian oil supply, before they find themselves suddenly cut off by Ukrainian strikes. President Trump is doing them a favor, by giving them a head start with tariff and sanction incentives.
OilPrice.Com reports (1 Nov):
“Indian refiners are moving away from Russian oil following new U.S. sanctions, opting for more expensive U.S. and Middle Eastern grades to avoid repercussions.
The sanctions have reduced the attractiveness of Russian oil by narrowing discounts and increasing transaction risks, causing India’s share of Russian oil imports to decline...
...In contrast, U.S. crude imports into India surged to 575,000 barrels per day in October, the highest level in three years, signaling a deliberate pivot...
...Commodity analysts at Standard Chartered have predicted that the oil price trajectory will be determined by the quantity of Russian barrels removed from supply following the sanctions. Rosneft and Lukoil exported 1.9 million barrels per day (mb/d) of crude via sea over the past year, most of it to India and China. China also imported ~ 800K barrels of crude per day (kb/d) from Rosneft via pipeline.”
Wow, that does look like a doctored photo with the mushroom cloud, but it can happen with conventional explosions, and an oil tanker blowing up would certainly be in the ball park to make one.
They are particularly vulnerable, while in the process of taking on fuel (bunkering), or loading flammable/explosive cargo.
The rise of Putin came from Russian oil and gas. Now it will sink him and kill him.
They say that Russia rises or falls on the price of oil.
Oil revenue is their Center of Gravity, and President Trump has always understood that.
“Russia has Baltic sea facing oil export docks. Ukraine will try to wreck them too”
Ust Luga and Primorsk. They are big targets, but there are few of them. Ust Luga is currently degraded from recent Ukrainian strikes - they are clearly priority targets.
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