Russia's Black Sea's Sheskharis terminal halts loadings after drone attack, sources say

Russia suspended crude oil exports from the Sheskharis terminal in Novorossiysk on Friday after a drone attack, according to three sources. The disruption adds to outages at one of Russia’s key Black Sea export outlets, raising near-term supply risk for global oil flows. Likely to be sector-moving for oil prices and related energy equities.

Analysis

Russia suspended crude oil exports from the Sheskharis terminal in Novorossiysk on Friday after a drone attack, according to three sources. The disruption adds to outages at one of Russia’s key Black Sea export outlets, raising near-term supply risk for global oil flows. Likely to be sector-moving for oil prices and related energy equities.