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Ukraine Attacks Ship Used to Repair Key Black Sea Oil Moorings

Source: Bloomberg

Geopolitics & WarEnergy Markets & PricesTrade Policy & Supply ChainCommodities & Raw Materials

Ukraine attacked a service ship supporting planned repair works at the CPC oil terminal in the Black Sea, a facility critical to Kazakhstan’s crude exports. The disruption risk to CPC operations raises downside concerns for Black Sea oil flows and near-term crude logistics, which can be energy-price supportive to the extent it delays export capacity.

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