Insight
Conflict in the Middle East: the impact on Russia's oil outlook
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Russia, already navigating a complicated geopolitical situation following the invasion of Ukraine in 2022, finds itself as a potential beneficiary of the growth in oil prices caused by the war in the Middle East. However, the combination of Ukrainian drone attacks on its crude oil export facilities and US sanctions on oil sales limit its ability to take full advantage of the situation today. We highlight five key themes: • Oil supply – how many barrels could Russia add over the coming months? • Price increases – by how much will producers and the government benefit? • Sanctions – what has been eased, and is a further easing likely? • Drone attacks – where are these occurring and what is the commercial impact? • Long-term considerations – where could Russia focus its investments in production capacity and new export routes?
Table of contents
- Executive summary
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
MENA upstream in brief
The latest stories and trends in the Middle East and North Africa upstream sector combined with our expert opinion and analysis.
$1,350
Insight
LNG in smaller bites: how the Middle East conflict is reshaping Vietnam's LNG buying strategy
Vietnam's growing economy is driving increase in LNG demand, but affordability constraints continue to shape LNG procurement strategy
$950
Insight
Power On Europe: the EU solidifies policies to protect manufacturers
Recent highlights from the European power and renewables sector
$3,000
