The rise in oil prices on world markets neutralizes the damage that Ukraine inflicts on Russia by blows to the fuel industry. Investment banker and economic expert Sergei Fursa wrote about this on Facebook.
The closure of the Strait of Hormuz due to the US military operation in Iran continues to keep the cost of oil exported by the aggressor country at a record level.
“The Russian Federation has been receiving record revenues from oil sales since the invasion. Everything works and is exported. And prices are high thanks to [президенту США Дональду] Trump,” his post said.
Fursa urges not to have high expectations. And if possible, conclude an energy truce, because the impact on the Ukrainian economy from attacks on the energy sector is significantly higher than the impact of Ukrainian attacks on the Russian economy.
“You also shouldn’t engage in manipulations about the banking crisis in Russia and the freezing of deposits. All this is not visible. And this does not mean that everything is fine in the enemy’s economy. No. On the contrary. But the problems should not be overestimated… Now, thanks to Trump, Russia is accumulating financial resources,” he concluded.
