oil exports
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Russia Halts Baltic Oil Exports After Drone Attacks
Russia’s key Baltic Sea oil export terminals, Primorsk and Ust-Luga, have suspended operations following drone strikes, exacerbating global supply concerns.
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Ukraine Strikes Primorsk Port, Disrupting Russian Oil Exports
A large-scale drone attack hit Russia’s Primorsk port overnight, causing a fire at the major Baltic oil export hub and forcing personnel evacuation.
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Iraq and Kurdistan Resume Oil Exports Via Turkey
Iraq and the Kurdistan Regional Government have agreed to restart oil exports through a pipeline to Turkey, potentially adding up to 400,000 barrels per day to global supply.
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Russian Oil Refineries Face Crisis Amid Attacks and Fuel Shortages
A wave of Ukrainian drone strikes and internal market disruptions have driven Russian oil refineries into a crisis, causing fuel shortages across regions and pushing gasoline prices to historic highs.