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flag A Ukrainian drone attack damaged a key buoy at Kazakhstan’s Novorossiysk terminal, halting most oil exports and boosting global oil prices.

flag Kazakhstan’s Caspian Pipeline Consortium (CPC) will not restore full oil exports before December 11 after a Ukrainian drone attack damaged a key floating buoy at its Novorossiysk terminal on November 29. flag The incident disrupted operations at the terminal, which handles 80% of Kazakhstan’s oil exports, with only one buoy operational and another delayed due to weather and repair challenges. flag While some oil is being rerouted via the Baku-Tbilisi-Ceyhan pipeline, limited alternatives remain. flag The disruption has contributed to a rise in global oil prices.

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