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Ukraine has succeeded in depriving Russia of much of the windfall profits it would have made from oil exports during March and April, as the war in the Gulf sent prices soaring to above $100 a barrel, a series of sources suggest.

Ukraine intensified a long-range strike campaign against Russian port and energy infrastructure on March 21 in a calculated bid to prevent Russia from offloading oil onto tankers and to counteract the suspension of US sanctions on Russian oil, which had been in place since 2022.

“In March alone, Russia’s oil revenue losses from our long-range capabilities are estimated at no less than $2.3bn. In just one month. We continue this work in April,” Ukrainian President Volodymyr Zelenskyy said in a video address on Sunday, April 19.

Russia’s oil transhipments in March fell by 300,000 barrels a day, and refined products by 200,000 barrels a day, Ukraine’s foreign intelligence service cited S&P Global Platts as saying.

top 9 comments
sorted by: hot top controversial new old
[-] SaharaMaleikuhm@feddit.org 7 points 1 day ago

Hell yeah, W Ukraine.

[-] AWistfulNihilist@lemmy.world 35 points 1 day ago
[-] SeeMarkFly@lemmy.ml 16 points 1 day ago

When Ukraine stops the oil it's spectacular.

Maybe Russia should leave them alone.

[-] Shortstack@reddthat.com 8 points 1 day ago

They’ll only stop when the pain of stopping is less painful than continuing

[-] SeeMarkFly@lemmy.ml 4 points 1 day ago

Only 200 more oil refineries to go!

[-] Danarchy@lemmy.nz 6 points 1 day ago

What if we kissed under the hydrocarbon Russia cloud

[-] ripcord@lemmy.world 2 points 1 day ago

Christmas at ground zero?

[-] lnxtx@sopuli.xyz 7 points 1 day ago

Taxpayers' money well spent.
Decarbonization is for suckers.

[-] nkat2112@sh.itjust.works 6 points 1 day ago
this post was submitted on 24 Apr 2026
216 points (100.0% liked)

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