cross-posted from: https://feddit.online/c/euro/p/1701984/zelenskyy-russian-oil-companies-forced-to-shut-down-wells

Today, there was an intelligence report on Russian losses caused by our sanctions. In just recent months, Russia’s oil refining has dropped by 10%. It is also important to note that Russian oil companies are being forced to shut down their oil wells. This is even more significant. Given the nature of Russian oil production, this is what hurts them most – apart, of course, from losing money. To restore production at its wells, Russia has to do significantly more than many other oil-producing countries that shut in wells even simply in response to market fluctuations.