Guest
Check out my book “How Ukraine Survived“: You can also read it for free by signing up for a Kindle Unlimited trial at (I use affiliate links, meaning I earn a commission when you make a transaction through them. Even if you read for free, you are still supporting the channel.) For months, Ukraine has targeted Russia's oil industry with drone strikes. Subtly, though, Ukraine's focus has been specifically on hitting refined oil products, not raw crude. This video examines why that is the case. We begin with obvious factors, like value, concentration, and distance. However, due to a less obvious bottleneck problem with shipping, the marginal value of hitting crude may in fact be nearly zero for Ukraine. 0:00 The Timeline of Ukraine's Attacks 2:20 The Relative Value of Crude and Refined Oil 4:20 The Concentration of Targets 5:46 The Geography of Attacks 7:42 Russia's Bottleneck on Ships 11:57 The Benefit of Further Sanctions 13:28 Russia's Defensive Strategy 15:12 Black Sea Parallels The appearance of U.S. Department of Defense (DoD) visual information does not imply or constitute DoD endorsement. Media licensed under CC BY 4.0 (): By Tasnim News Agency: By : : By :
