Russia Chokes - Joe Blogs
Russia has been forced to choke off its own fuel exports and the economic cost is huge.
In this video, I explain why Russia has extended its gasoline and diesel export ban through to the end of February, what role war-related refinery damage and drone attacks have played, and how much money this decision is costing the Russian economy.
Using realistic export volumes and a simple $100-per-barrel assumption, the numbers are stark:
👉 Around $60 million per day in lost export revenue
👉 More than $12 billion lost between August and the end of February
This isnt clever market management. Its damage control.
Refinery outages, sanctions-restricted repairs, and wartime logistics pressures have left Russia unable to supply both its domestic market and its export customers forcing it to sacrifice hard-currency income to keep fuel flowing at home.
In this video, we look at:
Why gasoline and diesel exports matter far more than most people realize
Why refined fuels are more valuable than crude oil
How war damage has turned temporary outages into structural losses
What this tells us about the real strain inside Russias war economy
The export ban is not a sign of strength its a sign that Russia is choking itself financially as the war grinds on.
Chapters:
0:00 Intro
1:19 IMPACT
4:51 WHY?
6:13 CRUDE OIL
11:19 TANKERS
11:57 BUYERS
14:58 AT SEA
18:00 SUMMARY & CONCLUSION