Michael Bernstam reports Ukrainian drone strikes on Russian refineries have severely pinched Moscow's fuel production, forcing it to import refined products from India. Bernstam argues that the conflicts in Ukraine and the Middle East have merged into a s

Michael Bernstam reports Ukrainian drone strikes on Russian refineries have severely pinched Moscow's fuel production, forcing it to import refined products from India. Bernstam argues that the conflicts in Ukraine and the Middle East have merged into a singular global energy crisis. With critical chokepoints like the Strait of Hormuz and the Red Sea threatened, a quarter of the world's oil supply is endangered. As governmental reserves dwindle, the US has become a primary exporter. (9)
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