#Oil Export

🚨 Night siege of Novorossiysk: mass drone and boat attack lasts over 5 hours. Mayor confirms damage to homes and construction sites. 📉 Oil exports falling, port under threat. 🔥 Fires in city center and active air defense operations. #Novorossiysk #Attack #AirDefense #Economy

Saudi Arabia is preparing a major ground offensive against the Houthis in Yemen to protect oil routes 🛢️. Riyadh is forming an international naval coalition and redeploying troops to central regions of the country. ⚔️

Export of Kazakh oil through Russia halted again: for the third time in a month, drone strikes on Novorossiysk port have paralyzed CPC terminal operations. 80% of oil supplies from Kazakhstan are blocked, and tankers are forced to seek new routes. 🛢️🚫🇰🇿

Russia has sharply increased oil exports via the Arctic, setting records for July. The Northern route allows tankers to avoid Houthi attacks in the Red Sea and deliver cargo faster. 🚢🌊⛽

India has sharply increased purchases of Russian oil, ignoring US sanctions through intermediaries. While exports are breaking records, Russia faces a domestic gasoline shortage due to drone strikes on refineries. 🛢️🇮🇳🇷🇺

Attacks on tankers in the Black Sea are paralyzing Kazakhstan's exports. The CPC terminal in Novorossiysk may shut down, leading to an 80% reduction in oil production relative to total exports. Europe risks losing a key supplier amidst a global crisis. 🛢️🚢⚠️

Iraq and the US have signed a package of agreements worth $60 billion to create a new oil corridor through Syria. This will allow Baghdad to export oil by bypassing the blocked Strait of Hormuz. Chevron will act as the main contractor.