MacroVoices #424 Rory Johnston: Crude Oil Update: Fundamentals, Geopolitical Risks, and SPR
Macro Voices
Geopolitical Tensions and Strategic Petroleum Reserves
This chapter delves into the escalating conflicts between Ukraine and Russia, focusing on Ukraine's attacks on Russian refineries and petroleum assets with global implications. It also explores Russia's response to geopolitical pressures through production cuts and discusses the challenges and politics surrounding refilling the Strategic Petroleum Reserve (SPR) amidst market dynamics and political influences.
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