United States Advises Ukraine to Not Target Russian Oil Refineries

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According to sources familiar with the matter, the United States has advised Ukraine to cease its strikes on Russian energy infrastructure, cautioning that such actions, particularly drone strikes, could escalate tensions and lead to retaliatory measures, ultimately driving up global oil prices.

The report, published by the Financial Times on Friday, highlights concerns expressed by U.S. officials regarding the potential impact of these strikes.

Escalation Due to These Attacks Could Lead to Surge in Petroleum Prices.

Since March 12, when Ukraine initiated its targeting of Russia’s energy infrastructure, oil prices have experienced a significant increase, rising by nearly 4%. This escalation in prices has been attributed, at least in part, to the attacks on Russian facilities.

The potential for a further surge in gasoline prices within the United States is seen as a risk factor that could adversely affect President Joe Biden’s approval ratings and diminish his prospects for re-election.

In recent months, Kyiv has specifically targeted Russian refineries and energy facilities as part of its military strategy.

The ongoing conflict between Russia and Ukraine has seen the use of drones by both sides to target critical infrastructure, military installations, and troop concentrations over the past two years.

Nate O'Hara
Nate O'Hara
Nathan is a seasoned commerce writer with a passion for unraveling the intricacies of the business world and distilling them into engaging narratives. During his academic journey, he delved deep into subjects like economics, marketing, and entrepreneurship, honing his analytical skills and developing a keen understanding of market dynamics.

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