Drone Attacks in the Black Sea Reduce Kazakh Oil Exports by 20%
Drone strikes in the Black Sea have led to a 20% reduction in oil shipments from the Caspian Pipeline Consortium (CPC) terminal in July. Shipments fell to 1.2-1.3 million barrels per day, resulting in a loss of about 400,000 barrels of CPC Blend oil for the global market. The CPC pipeline, which transports oil from Kazakhstan to Novorossiysk, accounts for about 2% of global supplies. The majority of the oil is produced with the participation of companies like Chevron and ExxonMobil. Operations at the CPC terminal have been regularly halted since mid-July, and by early August, exports stand at 1.1-1.2 million barrels per day. Due to disruptions along the route, oil production in Kazakhstan has decreased by 14% compared to June. Kazakhstan has no alternative routes to redirect such volumes of crude.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Turkey Reduces Russian Oil Imports to 900,000 Tons in July

San Francisco's ChatTJB Chatbot Manually Replies to All Questions by Its Founder

Ukraine Agrees Not to Attack Tankers and Oil Infrastructure in the Black Sea

The anticipated premiere arriving on Prime Video that promises to become one of the most viewed

New Order Returns to Argentina: How and Where to Buy Tickets for the Show

How to Detect Counterfeit Dollars: Key Security Details to Verify Bills

Visa Expands Stablecoin Support: Integrating Four New Tokens Across Four Blockchains
Key Takeaways Visa is set to enhance its crypto ecosystem by adding support for four additional stablecoins on…

Japan Pioneered Stablecoin Regulations — Why Is the US Surging Ahead in Adoption?
Imagine two global giants racing to shape the future of digital money: Japan, the careful architect building a…

Bank of America Dives into Stablecoins to Streamline Trillions in Client Funds, CEO Reveals
Imagine a world where trillions of dollars zip around the globe faster than ever, all thanks to the…

Ethereum’s plan to triple network speed could silently break millions of existing smart contracts

Wall Street Morning Report: Nvidia Breaks the 'Earnings Day Curse', Software Stocks Dismiss 'SaaS Apocalypse', Jackson Hole Tonight May Set the Tone for the Second Half of the Year

Long-term Interest Rates Expected to Rise Again, Dependent on Warsh's Speech Signals

NBU Investigates Banks Involved in Collateral for Halushchenko: What We Know

Comparing 5g Gold Bars and Satoshis: Differences in Physical Premium and On-Chain Storage

Ledger rejects hack claim after OneKey recreates bug

TradFi Payments and Stablecoin Remittance Rails: How PayPal, USDT, and USDC Are Changing International Transfers

Five Charts to Understand the Starting Point of the Bitcoin Bull Market in 2026

Bitcoin Miners' Shift to AI: How IREN and Semiconductor Giants (MU, NVDA) Are Redefining Hashrate Economics

What is being said at the tables: full official attention to the dollar-inflation duo and investors like Marcelo Gallardo, "with the guard up"

EASY Residency Season 4 List Released, 9 Projects Have Interactive Opportunities

8 Years of 'Friendship': Internet Celebrity Di Shi Reveals He Was Defrauded of Millions by Sun Zeyu

Hash Global: After BTC, Who Will Take the Baton for the Next Bull Market?

Roman Storm's retrial postponed to April 2027

What Does the 'Niche Market' of Gold Mean?

Historically Unique: An Asset with 100% Winning Rate Over 4 Years

Potential Taxable Activities for Cryptocurrencies in 2025 Estimated at Approximately 73 Trillion Yen = Chainalysis

Credit Card Expenses in Dollars: The Best Way to Pay the Bill and Avoid Extra Charges

Anthropic AI Hardware Control Achieves 99.3% Success Rate in Tests

BTC Transfer from Kraken: 843 Bitcoins Leave the Exchange to Unknown Wallet












