• WanderingThoughts@europe.pub
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    11 hours ago

    War is very expensive and the reserves Russia set aside for that war ran out some time ago. Meanwhile Ukraine keeps blasting their refineries faster than they can be repaired, and this is going fast. 17% capacity was gone end of August. Now it’s near 40%. Russia is planning for importing fuel these days to keep as much as possible running. Meanwhile they’re exporting crude oil and making a lot less money from that.