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Russia is also running out of resources at current global oil prices. China’s rapid electrification and EV deployment is destroying oil demand growth, causing g
by toomuchtodo 11mo ago
Russia is also running out of resources at current global oil prices. China’s rapid electrification and EV deployment is destroying oil demand growth, causing global oil oversupply, a confounding factor on top of sanctions. If you’re a petrostate, the future is not bright.
Strikes on critical Russian oil infrastructure would likely speed this along.
https://www.energyintel.com/0000019b-082a-d02f-adfb-cebb5e2a0000 https://www.energyintel.com/0000019b-082a-d02f-adfb-cebb5e2a...
https://www.themoscowtimes.com/2025/12/09/russian-oil-prices-fall-to-lowest-level-since-ukraine-invasion-bloomberg-a91385 https://www.themoscowtimes.com/2025/12/09/russian-oil-prices...