Russia is also running out of resources at current global oil prices. China’s rapid electrification and EV deployment is destroying oil demand growth, causing global oil oversupply, a confounding factor on top of sanctions. If you’re a petrostate, the future is not bright.

Strikes on critical Russian oil infrastructure would likely speed this along.

https://www.energyintel.com/0000019b-082a-d02f-adfb-cebb5e2a...

https://www.themoscowtimes.com/2025/12/09/russian-oil-prices...