Global oil prices rose by more than two per cent over fears of supply after a Ukrainian drone attack on the Russian Black Sea port of Novorossiysk.
The port, which handles 2.2 million barrels every day, stopped oil exports temporarily, as it suffered from one of the biggest attacks on Moscow’s oil-exporting infrastructure.
Russian pipeline oil monopoly Transneft also suspended supplies to the port of Novorossiysk.
Additionally, the Caspian Pipeline Consortium that exports oil from Kazakhstan via neighbouring Yuzhnaya Ozereevka Terminal also suspended oil loadings for some hours. They resumed when the alert was lifted, per sources.
President of Ukraine, Volodymyr Zelenskiy, said that they also launched long-range “Long Neptune” cruise missiles at targets in Russia overnight.
The drone debris fell on the Russian grain terminal NKHP and also a container facility, though operations resumed after some time.
A docked vessel, apartment buildings, and an oil depot also suffered from damage. A port crane was also damaged, and so were a few containers.
A
Content Original Link:
" target="_blank">
