Great Russian petrol crisis rattles Putin

Featured in The Telegraph


Russia and Ukraine

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This is a major source of frustration for Moscow, as it acknowledges that Ukrainian drone attacks on refineries have had an impact on the economy,” Emily Ferris, a Russia analyst at RUSI, a London-based think tank, told The Telegraph. However, she argued that it was unlikely to be what pushes the Kremlin into peace talks. “The situation is not critical. Russia has enough oil and gas reserves, and financial reserves, to push through this inconvenience, and the goal of subjugating Ukraine is much more of a valued prize.”