"US Urges Ukraine to Halt Strikes on Russian Energy Infrastructure as Drones Decimate Oil Assets"

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Source: Reuters
"US Urges Ukraine to Halt Strikes on Russian Energy Infrastructure as Drones Decimate Oil Assets"
Photo: Reuters
TL;DR Summary

The United States has reportedly urged Ukraine to cease its strikes on Russian energy infrastructure, cautioning that such actions could provoke retaliation and lead to a surge in global oil prices. The attacks have already contributed to a nearly 4% increase in oil prices since March 12, with potential implications for President Joe Biden's popularity and re-election prospects. Both Russia and Ukraine have utilized drones to target critical infrastructure and military sites in their ongoing conflict, with Ukraine recently targeting Russian refineries and energy facilities.

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