“Hate to say it, but we have to increase oil & gasoline output immediately,” Musk said in a tweet on Friday. “Extraordinary occasions demand extraordinary measures.” Russian oil exports have fallen by one-third due to sweeping Western sanctions towards Russia over its unprovoked invasion of Ukraine, Energy Intelligence reported final Wednesday. Although the sanctions do not specifically target Russian oil and gasoline exports, there was “basic reluctance amongst patrons to risk taking Russian cargoes,” the trade-media outlet reported.
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