How a Russia-Ukraine Peace Deal Could Disrupt U.S. Oil Markets

By Douglas McIntyre  •  February 21, 2025

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, explains how a potential peace deal between Russia and Ukraine could disrupt the U.S. oil industry.
If Russia is allowed to re-enter the global oil market, it could drive down oil prices, hurting American oil companies that are currently pumping at record levels.
While cheaper gas would benefit consumers, it could also slow EV adoption, creating a complicated ripple effect on energy markets and the environment.

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