They produce 10% of the world’s oil and 24% of its natural gas. Literally one of the most important countries on earth, which the Europeans rely on. When a human starves themselves of food, they die. When Europe starves itself of energy, its economies begin to wither.
They produce 10% of the world’s oil and 24% of its natural gas. Literally one of the most important countries on earth, which the Europeans rely on. When a human starves themselves of food, they die. When Europe starves itself of energy, its economies begin to wither.
correct me if I’m wrong but, the last couple weeks Russia’s oil has been burning, is it still 10%?
Hard to say, but less oil means higher prices. So Ukraine/Western Europe, and the USA have lowered global supply and spiked prices with their wars.