RE: https://mastodon.social/@MAKS23/116759844731671516

If peace holds Russia's economy will be destroyed by low oil prices. If you couple this with Ukrainian deep strikes and sanctions, it will be an economic bloodbath. How much is lower quality sanctioned oil with intermittent supply worth?

Furthermore, the strait of Hormuz has made doubling down on fossil fuel politically untenable for democratic nations. At the same time renewable energy is overtaking fossil fuel in many domains.