Kremlin says Ukrainian strikes on oil facilities could push prices higher
MOSCOW — Kremlin spokesman Dmitry Peskov has warned that Ukrainian strikes on Russian energy infrastructure could lead to a further rise in global oil prices, which he said have already reached $120 per barrel.
Coverage comparison
Two reports from the Russian state news agency TASS detail statements from Peskov addressing the situation. The first report, published May 3, focuses on Peskov's comments on the potential for higher prices. The second, from April 28, captures his remarks specifically about strikes on oil depots in the Black Sea port of Tuapse and frames the matter as Kyiv's actions destabilizing global energy markets.
Key claims
- Peskov stated that oil prices could climb higher if Ukrainian attacks damage Russian export infrastructure.
- He mentioned that oil supplies to the global market have already declined due to developments in the Strait of Hormuz.
- Peskov said current oil prices are at $120 per barrel.
- The Kremlin spokesman stated that Ukrainian forces struck oil depots in Tuapse, a claim not yet independently verified.
- He stated these facilities were intended for export operations.
Kremlin's position
According to TASS, Peskov made his remarks in response to a question about Ukrainian President Volodymyr Zelensky's response to a reported request from Western nations to avoid targeting Russian oil facilities. "I don't know if he rejected the Europeans' request or not, but the situation is the following: oil supplies to the global market have greatly declined due to developments in the Strait of Hormuz, and if some of our oil supplies fail to reach the market, prices will grow even higher," Peskov said, as reported by TASS.
In the earlier report, Peskov was quoted as saying that the strikes on oil storage facilities in Tuapse were intended to fulfill export contracts. "The Kiev regime again hit oil storages, where oil was intended for export operations, that is, to fulfill obligations under export contracts," he said according to TASS. He argued that such actions increase the oil deficit in global markets that are already experiencing significant difficulties due to the situation in the Strait of Hormuz.
Neither report includes comment from Ukrainian officials on these specific allegations.