Russia's oil export capacity has shrunk by 40% after attacks on infrastructure and tanker seizures, according to reports, citing calculations and sources
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Russia's oil export capacity has shrunk by 40% after attacks on infrastructure and tanker seizures, according to reports, citing calculations and sources
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Context
Reports indicate that Russia's oil export capacity has been reduced by 40% due to recent attacks on infrastructure and tanker seizures. This contraction could significantly impact global oil supply dynamics, potentially leading to higher prices and further volatility in the WTI market as traders adjust to the new realities in supply.
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