Hacker News new | ask | show | jobs
by demosito666 101 days ago
Really? Cost of extraction in Russia is about $30/barrel, sanctions introduced discount of about $20/barrel in 2025 which means 70% profit drop at market price of $60. Sounds pretty game changing to me.
2 comments

Russia can still produce tens of thousands of drones, missiles, and push up endless meatwaves of conscripts even if their oil sector declines (oil is 15% of their GDP). This war hasn't been that sophisticated for a while. Drones are cheap and China will keep selling them parts while buying their oil.
But would it have got them to stop the war? Seems unlikely.
Probably not but it changes the calculus of whether Ukraine or Russia will win.
Not necessarily: Money isn’t everything. Russia cannot produce electronics on its own, so only because American companies sell to shell companies that sell to Russia is Russia able to launch missiles and similar high tech weapons on Ukraine and, no, Russia has no chance in hell of winning in Ukraine with the so called (sadly but truly deeply dehumanising) “meat wave” attacks sending in soldiers with little training and just a riffle… So really oil revenues are a way to hurt Russia but not a way to cause them to lose the war, but depriving them of American technology that they need to develop the kinds of weapons that they use to attack Ukrainian cities and power stations and infrastructure probably would
I mean no matter how the war ends ukraine has lost
> no matter how the war ends ukraine has lost

This is nonsense. Lviv is by all accounts a thriving city. And Ukraine's defence-industrial base is now among Europe's finest.

Lviv, the Polish city? Come on let's be real.
> Lviv, the Polish city? Come on let's be real

No, Lviv the Molotov city. Like, yes, if you've already carved up Ukraine in your head, it's obviously losing. By that metric China has been losing to the Mongolians its whole history.