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by mcphage 772 days ago
> Estimates on the actual damage on production and exports has ranged between the fantastical (28%) to the banal (6%). It looks like domestic petrol supply has been hit the hardest in terms of tangible economic costs, since oil prices have remained reasonable with lessened seasonal demand and lower OPEC supply targets.

Isn't that the point, though? Hit refineries, forcing Russia to sell more crude oil to the world, and have less refined oil internally to turn into gas, etc?

1 comments

That's partly the point yeah. Every war is an iterative set of actions and mitigations. The point I'm making is that so far the actual effect created by the strikes hasn't come close to winning the war, and its hard to project the numbers culminating in a war-winning economic catastrophy.

None of that is to say Ukraine shouldn't try, or that it doesn't have some "annoying" affect that increases costs and complexity for Russia. It does. Just want to be accurate about the level of affect and its potential.

And again, I think November after the election is going to be the best show of what Ukraine can do.