Putin’s War On Ukraine Puts Oil Giant Rosneft Under Mounting Pressure
Rosneft’s Vostok Oil project is years behind schedule, and most crude flowing through its new Arctic network has been diverted from fields that have produced for years. Ukrainian drones have carried out at least 114 strikes on Russian refineries this year, more than double the number over the same period last year.
Why it matters: The strain on Rosneft shows how the war in Ukraine and sanctions are feeding through to energy security and oil supply.