Tag: Caspian Sea

Ukrainian Drone Strikes Escalate: Afipsky Refinery Hit Amid Wave of Attacks on Russian Oil Infrastructure

Clark Savage33

In a series of bold operations, Ukrainian forces have intensified their drone campaigns against Russian energy assets, underscoring the ongoing geopolitical tensions\’ profound impact on global oil markets. The latest strikes, including a significant hit on the Afipsky oil refinery in Krasnodar Krai, highlight Ukraine\’s strategy to disrupt Russia\’s oil production and export capabilities. Additional […]

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Russia\’s Oil and Gas Revenues Set to Slide 50% to a Five-Year Low: Drones and Sanction Enforcement Take Their Toll

Clark Savage27

In a stark indicator of mounting pressures on Russia\’s energy sector, the country\’s oil and gas revenues are projected to plummet by nearly 50% in December 2025, reaching a five-year low of approximately $5.15 billion. This sharp decline caps off a challenging year, with cumulative revenues for the first 11 months of 2025 estimated at […]

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