Source: Fortune
Summary
Russia’s key Baltic port of Ust-Luga has resumed crude loading after days of disruptions caused by Ukrainian drone attacks. The Jewel, an Aframax-class vessel, started loading cargo on Saturday. Loadings at Ust-Luga stopped at the end of March due to Ukraine’s attacks on energy infrastructure along the Baltic coast. Ukraine continues to target Russia’s Baltic oil infrastructure, aiming to curb export revenue. If Russia resumes stable crude flows, it could bring relief to global markets.
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Ust-Luga’s crude loading resumes after disruptions. The Jewel loads cargo on Saturday. Ukraine’s attacks on energy infrastructure continue, targeting Russia’s Baltic oil infrastructure. Transneft, Russia’s oil-pipeline operator, remains silent. If Russia stabilizes crude flows, it could ease global market tensions. The pattern of disruption and relief is a familiar dance in the region.
Author: Evan Null
