Energy

Kazakhstan Weighs New Routes as Drone Strikes Squeeze Black Sea Oil Exports

Kazakhstan is looking to re-route part of its crude oil exports away from its Black Sea export terminal and on pipelines through Azerbaijan, Georgia, and Turkey amid continued threats to its shipments from the Russian Black Sea port of Novorossiysk. “Transportation through the Baku-Tbilisi-Ceyhan sy

Source: OilPrice.com

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DW NOTE

Kazakhstan has shipped crude through Novorossiysk for two decades without incident. Now it's looking for alternatives because Ukrainian drones can reach the terminal. That's not a logistics problem — it's the cost of sitting between two empires while pretending neutrality is still an option.

Read the full story at OilPrice.com →

Hedge Funds Pile Into Fuels as U.S. Supply Squeeze Deepens

For the first four months of the war between the United States and Israel and Iran, oil traders remained largely bearish. The overwhelming expectation was that the war would end soon—even as July rolled around—and oil flows out of Hormuz would recover. Instead, the world is slipping into a fuel shor

Kazakhstan Weighs New Routes as Drone Strikes Squeeze Black Sea Oil Exports

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Hedge Funds Pile Into Fuels as U.S. Supply Squeeze Deepens

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