Ukraine News

The Druzhba pipeline exported some Ukrainian oil, as well as much higher volumes of Russian crude, before it was damaged a month ago by a Russian strike that has led to a halt in supply, three industry sources familiar with the matter said.Oil shipments to Hungary and Slovakia through the pipeline primarily operated by Russia have been suspended since January 27 following what Kyiv says was a Russian attack on pumping installations in western Ukraine, prompting a dispute within…

Hungary's Prime Minister Viktor Orban accused Ukraineon Wednesday of planning to disrupt the Hungarian energy system, and dispatched troops to safeguard infrastructure, escalating a dispute that has undermined Europe's pro-Ukraine consensus.Hungary and Slovakia, whose leaders are outliers in the EU for maintaining relations with Moscow, blame Kyiv for an outage on the Druzhba oil pipelinethat supplies their refineries with Russian crude pumped through Ukraine.Kyiv says the pipeline was damaged by a Russian drone attack in January and it is fixing it as fast as it can.Orban…

Russia's oil pipeline monopoly Transneft has cut crude intake into its system by some 250,000 barrels per day after a Ukrainian drone attack on its Kaleykino pumping station on Monday, two sources familiar with the situation said on Tuesday.The cuts mostly affected shipments from Tatarstan producer Tatneft, one of the sources said.Ukrainian drones hit the major Kaleykino station, which serves the Druzhba pipeline carrying Moscow's crude to Eastern Europe and to Russia's main western ports…

The European Commission sees no short-term risk to the security of oil supplies in Hungary or Slovakia following the disruption of Russian oil flows via Ukraine because both EU countries have ample emergency stocks, a Commission spokesperson said on Tuesday.Slovakia's government also said its domestic fuel supply was not under threat, alleviating fears of an immediate fuel crunch after Kyiv's foreign ministry last week said a Russian attack on a Ukrainian pipeline was responsible…

Russia's Black Sea port of Taman, which handles oil products, grain, coal and commodities, has been damaged by a Ukrainian drone attack, the governor of Russia's Krasnodar region said on Sunday.Two people were injured as an oil storage tank, warehouse and terminals took damage in Volna village, the site of Taman port, Veniamin Kondratyev said in a post on Telegram.Kondratyev said that more than 100 people were working to put out several fires at the port.Separate strikes on the resort city of Sochi and the village of Yurovka…

Russian forces struck energy facilities in Ukraine's Odesa region on the Black Sea overnight, leaving over 95,000 people in the southern part of the region without power, a regional official said on Tuesday.Russia launched 125 drones at Ukraine overnight and Ukrainian air defence units shot down or neutralised 110, the Ukrainian air force said.Oleh Kiper, Odesa regional governor, said the small town of Kilia was in the most difficult situation, as more than 200 buildings housing 9…

Russian drones struck two foreign-flagged vessels on Monday, Ukraine's Deputy Prime Minister Oleksiy Kuleba said, the second such attack in four days on Black Sea shipping as the war nears the end of its fourth year.Kuleba said the vessels were sailing under the flags of Panama and San Marino, and that one person had been injured.The Panamanian ship was en route to pick up vegetable oil and the San Marino-flagged vessel had just been loaded with corn, he added."This is further evidence that Russia is deliberately attacking civilian vessels…

Russia has attacked two foreign-flagged civilian vessels with drones in the southern Odesa region, killing a Syrian national and injuring another, Ukrainian officials said on Friday.Moscow has stepped up attacks on Ukraine's maritime export arteries over the last two months as retaliation for attacks on "shadow fleet" tankers heading to Russia to export its oil.Deputy Prime Minister Oleksiy Kuleba said in a statement that one ship had been sailing along Ukraine's maritime export corridor to pick up a grain cargo at the port of Chornomorsk, and was under the flag of Saint Kitts and Nevis.The ot

Oil prices were steady in choppy trade on Tuesday as investors weighed dented hopes of a Russia-Ukraine peace deal and rising geopolitical tensions in the Middle East around Yemen.Brent crude futures for February delivery, which expire on Tuesday, were up 3 cents, or 0.05%, at $61.97 a barrel at 1:18 p.m. EDT. The more active March contract was down 12 cents or 0.2% at $61.37.U.S. West Texas Intermediate crude fell 6 cents, or 0.1%, to $58.02.The Brent and WTI benchmarks settled…

Ukraine has struck a Russian "shadow fleet" oil tanker in the Mediterranean Sea with aerial drones for the first time, an official said on Friday, reflecting the growing intensity of Kyiv's attacks on Russian oil shipping.The vessel - the Qendil - was empty when it was struck by drones in neutral waters more than 2,000 km (1,250 miles) from Ukraine, sustaining critical damage, the official at the SBU security service said in a written statement.The tanker was located off Libya's coast at 1330 GMT, MarineTraffic data showed.

Ukrainian drones hit a tanker in the southern Russian port of Rostov-on-Don, killing and injuring a number of people and sparking a fire, the city's mayor was quoted as saying early on Thursday."Emergency teams are extinguishing the fire on the tanker that was struck while docked in a drone attack," Russian news agencies quoted Skriabin as saying."A leak of oil products was avoided.

The Secretary-General of the International Maritime Organization Arsenio Dominguez has issued a statement on the escalating situation in the Black Sea: “As the situation continues to escalate in the Black Sea, I call on all parties to refrain from targeting innocent seafarers, port workers and merchant ships. Shipping should not be used as collateral in geopolitical situations and there is an increased environmental risk developing. “I remain ready to support any negotiation efforts…

Oil prices fell below $60 a barrel on Tuesday, the lowest since May, as prospects for a Russia-Ukraine peace deal appeared to strengthen, raising expectations sanctions could be eased.Brent crude futures fell $1.03, or around 1.7%, to $59.53 a barrel at 1340 GMT, while U.S. West Texas Intermediate crude was trading at $55.76, down $1.06, or 1.9%."Brent has dropped this morning to below $60 per barrel for the first time in months, as the market assesses a potential peace deal resulting in additional Russian volumes becoming available and oversupplying the market further…

Ukraine said on Monday it hit and disabled a Russian missile-carrying submarine docked at a Black Sea naval base using underwater sea drones for the first time, but Moscow denied the strike caused any damage.The attack with Ukrainian-made "Sub Sea Baby" drones hit the submarine in the port of Novorossiysk where Russia has rebased many of its Black Sea naval vessels to put them out of reach of Ukrainian strikes, the Security Service of Ukraine (SBU) said.Footage published by the…

Ukraine's navy accused Russia of deliberately attacking a civilian Turkish vessel carrying sunflower oil to Egypt with a drone on Saturday, a day after Moscow hit two Ukrainian ports.In a statement on Telegram, the navy said the vessel was called the Viva and had 11 Turkish citizens on board. It added that nobody was hurt and the vessel was continuing its journey to Egypt."The strike was carried out in the open sea in Ukraine's exclusive economic zone, outside the range of Ukrainian air defence systems…

A bulk carrier in Ukraine's Odesa region suffered damage and was on fire after a Russian attack on Friday, two sources familiar with the matter told Reuters.One of the sources said the vessel was in the port of Chornomorsk, one of Odesa region's three big Black Sea ports.Russia last week threatened to "cut Ukraine off from the sea" as retaliation for Kyiv's attacks with sea drones on unlicensed tankers heading to Russia to export its oil.It was not immediately clear whether the attack deliberately targeted the ship.One of the sources identified the vessel as the Cenk T.According to the MarineT

Oil prices fell more than $1 on Thursday as investors shifted focus back to Russia-Ukraine peace talks and monitored potential fallout from a U.S. seizure of a sanctioned oil tanker off the coast of Venezuela.Brent crude futures were down $1.1, or 1.8%, at $61.11 a barrel at 1408 GMT, hovering near the lowest since Oct. 21.U.S. West Texas Intermediate crude fell $1.07, also around 1.8%, to $57.39 a barrel, its lowest in over two weeks.Russian Foreign Minister Sergei Lavrov said on Thursday that a visit to Moscow this month by U.S.

Ukrainian sea drones on Wednesday hit and disabled a tanker involved in trading Russian oil as it sailed through Ukraine's exclusive economic zone in the Black Sea to the Russian port of Novorossiysk, a Ukrainian official said.The attack is the third sea drone strike in two weeks on vessels part of Russia's so-called "shadow fleet" - unregulated ships which Kyiv says are helping Moscow export large quantities of oil and fund its war in Ukraine despite Western sanctions.War insurance costs for ships sailing to the Black Sea have spiked…

Oil prices fell over 2% on Tuesday after Ukraine hinted that an intense diplomatic push by the U.S. administration to end Russia's war against it could be yielding fruit.An end to the war in Ukraine could pave the way for the unwinding of Western sanctions against Moscow's energy trade, potentially adding more supply at a time when prices have been battered by expectations of a glut next year.Brent crude futures fell $1.45, or 2.3%, to $61.92 a barrel by 11:19 a.m. ET (1619 GMT), while U.S.

Ukrainian naval drones hit two sanctioned tankers in the Black Sea as they headed to a Russian port to load up with oil destined for foreign markets, an official said on Saturday, as Kyiv tries to pile pressure on Russia's vast oil industry.The two oil tankers, identified as the Kairos and Virat, were empty and sailing to Novorossiysk, a major Russian Black Sea oil terminal, the official at the Security Service of Ukraine told Reuters.Naval drones could be seen speeding towards hulking tankers followed by powerful explosions that caused fires on the vessels…

Oil prices steadied on Tuesday after falling 2% in the previous session, with investors keeping a close eye on peace talks to end Russia's war in Ukraine, concerns about ample supply and a looming decision on U.S. interest rates.Brent crude futures edged 3 cents higher to $62.52 a barrel at 1317 GMT. U.S. West Texas Intermediate crude gained 4 cents at $58.92 a barrel.Both contracts fell by more than $1 a barrel on Monday after Iraq restored production at Lukoil's West Qurna 2 oilfield, one of the world's largest.Ukraine will share a revised peace plan with the U.S.

Russia's Black Sea port of Tuapse resumed oil product exports last week after a two-week suspension following Ukrainian drone attacks, while the local oil refinery has restarted processing crude, according to two industry sources and LSEG data.According to the sources and ship-tracking data, the Gambia-flagged tanker Sandhya left Tuapse on November 17 with around 30,000 metric tons of gasoil and headed towards the Suez Canal.Another tanker, the Malawi-flagged Satna, loaded around 30,000 tons of gasoil at the Tuapse terminal on November 18.The fuel loaded on those two vessels had been refined i

Oil prices slipped more than $1 on Monday after Iraq restored production at one of its oilfields which accounts for 0.5% of world oil supply, while investors weighed ongoing talks to end the war in Ukraine.Brent crude futures were down $1.07, or 1.68%, at $62.68 a barrel by 11:05 p.m. EDT, while U.S. West Texas Intermediate crude was at $59.07, down $1.01, or 1.68%.Iraq restored production at Lukoil's West Qurna 2 oilfield, one of the world's largest, after a leak on an export pipeline slashed its output…