$37 Billion Blow? Ukraine Targets Russia’s Oil Lifeline

WooGlobe

Russia has just suspended 2% of the world’s oil exports after a powerful Ukrainian strike hit the vital Sheskharis oil terminal in Novorossiysk. The attack caused major fires, damaged key coastal facilities, and injured crew members on a civilian vessel. As Ukraine targets Russia’s energy infrastructure, President Zelenskyy says Russia's oil production is dropping fast — with $37 billion in losses expected by year-end. This is more than just an attack — it’s economic warfare. WooGlobe Ref : WGA597318 For licensing and to use this video, please email licensing@wooglobe.com

Transcript

00:00Russia just cut off 2% of the world's oil supply overnight, and here's the shocking reason why.

00:05A massive Ukrainian strike hit one of Russia's most critical oil terminals,

00:10the Sheskary's facility in Novorossysk.

00:12Fires erupted at the site, forcing an immediate suspension of oil exports.

00:17That's 2.2 million barrels per day.

00:19That's a huge blow to global energy and a serious hit to Russia's war budget.

00:24Novorossysk is a key Black Sea hub for Russia's logistics and oil exports,

00:28making it a high-value target.

00:30Ukraine sees these oil facilities as legitimate military targets

00:34because they help fund Russia's war machine.

00:37Russian officials confirmed several coastal facilities were damaged

00:40and a civilian ship was hit, injuring three.

00:43And this isn't an isolated event.

00:45Ukrainian President Zelensky says Russia is already seeing a sharp drop in oil production.

00:51He estimates the Kremlin could lose $37 billion in oil and gas revenue by the end of the year.

00:56As the oil war escalates, the battlefield is shifting,

01:00not just on the ground, but deep in the global economy.

Category

Transcript

Be the first to comment

Recommended