magical_cat
Hanse MinaWar with Iran and disruption in the Strait of Hormuz could hit aviation supplies in Russia. Airlines already struggling with sanctions now face shortages of aircraft parts and must reroute supply chains via China and Central Asia.
Sheldon@hanse_mina I have to wonder how much net benefit Russia gets from lifting of sanctions from the Iran war. Their costs will be going up as well even as their oil income improves.
It’s a lifeline, but it may not be the lifeline that it appears to be by looking at price per barrel in isolation.