PI Global Investments
Infrastructure

Russia and Ukraine target each other’s energy infrastructure as war persists


Nick Schifrin:

In the far east of a country home to some of the world’s largest oil reserves, lines of cars wait to buy gas. In Russian-occupied Crimea, the pumps for high octane run empty.

And, online, Russian drivers post videos complaining about a gas shortage produced in part by annual maintenance, but also by Ukrainian drone attacks on Russian refineries. Experts say the attacks have disrupted anywhere from 13 to 20 percent of Russia’s refinery capacity. And on social media, Russians are not happy.



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