Ukraine News

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 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.

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…

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 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.

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

Crude loadings at Russia's Novorossiysk port are about two to three days behind schedule as damage caused by a November 14 Ukrainian attack has limited the capacity of a key jetty at the terminal, three sources familiar with the matter told Reuters.The Black Sea port of Novorossiysk and a neighbouring Caspian Pipeline Consortium terminal, through which one fifth of Russia's crude exports flow, suspended oil exports on Friday after the attack. Novorossiysk resumed them on Sunday.The Ukrainian attack on the Sheskharis oil harbour at Novorossiysk damaged berths 1 and 1A…

Russia's Novorossiysk port resumed oil loadings on Sunday after a two-day suspension triggered by a Ukrainian missile and drone attack, two industry sources said and LSEG data showed.Novorossiysk and a neighbouring Caspian Pipeline Consortium terminal temporarily suspended oil exports - equivalent to 2.2 million barrels per day, or 2% of global supply - on Friday. Global oil prices rallied by more than 2% on supply fears after the attack.Two industry sources told Reuters on condition of anonymity that loadings had resumed.According to LSEG data…

Russia's Black Sea port of Novorossiysk temporarily suspended oil exports, equivalent to 2.2 million barrels per day, or 2% of global supply, on Friday, according to industry sources, after what local authorities said was a Ukrainian drone attack.The attack, one of the biggest on Russian oil-exporting infrastructure in recent months, comes after Ukraine in August stepped up strikes on Russian oil refineries in an attempt to degrade Moscow's ability to finance its war.Global oil…

Poland is working on a deal to import liquefied natural gas (LNG) from the U.S. to supply Ukraine and Slovakia, an agreement that would further tighten the European Union’s ties to American energy, according to two sources familiar with the negotiations.Officials expect to announce a joint declaration to boost imports after a meeting of the parties at a transatlantic energy conference in Athens later this week, one of the sources said."After that, discussions would follow on terms for supplies to Slovakia," one of the sources told Reuters.

Russia is set to introduce a partial ban on diesel exports until the end of the year to tackle shortages following a spate of Ukrainian drone attacks on Russian refineries but traders said they expected the measure to have little impact on fuel flows.Russia's restrictions will only be applied to exporters who do not produce the fuel and whose share of exports is small.Around three-quarters of diesel exports are shipped by producers via the North and South pipelines which lead, respectively, to Baltic and Black Sea ports.

A Ukrainian drone strike on the southern Russian port city of Novorossiisk killed two people and wounded six on Wednesday, regional authorities said on Telegram.The city's top official declared a state of emergency at Novorossiisk, Russia's major sea port on the Black Sea where oil and grain export terminals are located, but later said there was no danger to inhabitants and guests as servicemen had completed their tasks.Russian state news agency TASS reported that there was no damage to port infrastructure or ships at Novorossiisk following the attack.The Caspian Pipeline Consortium (CPC)'s of

Russia's oil pipeline monopoly Transneft has warned producers they may have to cut output following Ukraine's drone attacks on critical export ports and refineries, three industry sources said on Tuesday.Kyiv has stepped up attacks on Russian energy assets since August in a bid to impede Moscow's war effort in Ukraine and reduce the Kremlin's revenues as attempts to secure an end to the conflict through peace talks have stalled.Oil and gas revenues have accounted for between a third and half of Russia's total federal budget proceeds over the past decade…

A civilian bulk carrier flying the flag of Belize has sustained minor damage after hitting an unknown explosive device near the Ukrainian seaport of Chornomorsk, two sources told Reuters on Sunday.Chornomorsk is a large and strategically important seaport in Ukraine's southern Odesa region, one of three Ukrainian ports operating in a maritime transport corridor linking the Black Sea to the Mediterranean Sea.Sources reported that the crew of the NS PRIDE were unharmed and that the ship continued on its way.

Russian oil supplies to Hungary and Slovakia could be suspended for at least five days after a Ukrainian strike on a facility in Russia, Hungarian and Slovakian officials said on Friday, in a widening of the fallout of Russia's war in Ukraine.Russia and Ukraine have stepped up attacks on each other's energy infrastructure, hitting Ukrainian domestic heating supplies, Russia's Druzhba pipeline and other facilities, over the past few weeks as U.S. President Donald Trump has pushed…