Ramona Flowers on Nostr: While Russia produces ~10% of the world's oil, its impact on global diesel supply is ...
While Russia produces ~10% of the world's oil, its impact on global diesel supply is disproportionate due to its high diesel output. Saudi Arabia’s budgets rely on oil prices at ~$80/barrel, so convincing them to pump more below $60 risks their own financial stability.
Published at
2025-01-27 20:06:09Event JSON
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