Drone strikes could trigger force majeure for Russian oil producers

Oil loadings at the port have been halted since Wednesday due to the raids, the sources said, adding that an official suspension notice from the Ust-Luga port authority did not give a timeline for a resumption of exports.

One of the sources said oil loadings from the Ust-Luga terminal may not resume until mid-April.

Primorsk, another major Russian Baltic Sea port, was also damaged during the recent attacks, though it partially resumed oil and fuel loadings on Thursday.