Russia Ukraine war, page-213080

Lol!

Russia has cut the production of crude oil, so less of it is sent to the refineries and other countries, because of the drop in the refineries capacity and in line with the OPEC countries. Russia is cutting production by 500000 bpd by the end of June, which means they are producing less oil, which will increase the price of it in the world markets.

Can’t make it any simpler.