tradingkey.logo

CPC suspends oil loadings from Black Sea terminal as a precaution over drone attack, source says

ReutersNov 14, 2025 7:09 AM

- The Caspian Pipeline Consortium, which exports oil from Kazakhstan via a Russian Black Sea terminal, suspended oil loadings after a Ukrainian drone attack on Novorossiysk, a source familiar with the situation said on Friday.

The source said the suspension was standard procedure in such situations when a city-wide air raid alert had been announced and that loadings are resumed once the alert is cancelled - weather conditions permitting.

A Ukrainian drone attack early on Friday damaged a docked ship, apartment buildings and an oil depot in the port of Novorossiysk, a key outlet for Russian oil exports, Russian officials said.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI