In June, Kyiv imposed sanctions blocking the transit of pipeline oil from Lukoil to Central Europe to cut off the Kremlin's source of income used to support its military.
First, because apparently it wasn’t obvious, it was a joke.
Second, while fossil fuels are on the way out, Ukraine, like every country, still needs diesel - in fact more than most because they need to use diesel generators to compensate for the power infrastructure russian terrorists destroyed. So if one of their suppliers refuses to sell them diesel they will buy it elsewhere. This means that oil companies that compete against Slovnat will probably see a significant increase in revenue
BRB, buying shares on every other company with oil refineries in Europe.
The oil industry may have already peaked
First, because apparently it wasn’t obvious, it was a joke.
Second, while fossil fuels are on the way out, Ukraine, like every country, still needs diesel - in fact more than most because they need to use diesel generators to compensate for the power infrastructure russian terrorists destroyed. So if one of their suppliers refuses to sell them diesel they will buy it elsewhere. This means that oil companies that compete against Slovnat will probably see a significant increase in revenue