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Due to the heat wave, Belarus declared a red alert on August 5.

2026-08-04

Due to the heat wave, Belarus declared a red alert on August 5.

Other News
2026-08-04

Ship-tracking data and foreign reports show four crude tankers loaded at a Black Sea-area terminal crucial for Kazakh exports over the past few days; two of those vessels have departed waters off the Russian CPC (Caspian Pipeline Consortium) terminal

Ship-tracking data and foreign reports show four crude tankers loaded at a Black Sea-area terminal crucial for Kazakh exports over the past few days; two of those vessels have departed waters off the Russian CPC (Caspian Pipeline Consortium) terminal since last Friday. At least three additional tankers are waiting to load, status unclear. Continued loading via CPC should provide some near-term relief to global crude supply; the CPC system moves Kazakh volumes produced in JVs with majors including Chevron and normally accounts for about 2% of global supply. Kazakhstan is the second-largest crude supplier to Europe. Kazakh authorities said over the weekend producers are still delivering crude to the terminal but flows remain below normal. The terminal is prepared to load at pre-attack rates, though export throughput will depend on available tonnage and weather conditions.
2026-08-04

Amin Nasser, CEO of ARAMCO, said last month’s attacks on company assets did not have a material impact on operations or finances and did not materially affect the company’s export capacity. He said ARAMCO is working to expand oil export capability as

Amin Nasser, CEO of ARAMCO, said last month’s attacks on company assets did not have a material impact on operations or finances and did not materially affect the company’s export capacity. He said ARAMCO is working to expand oil export capability as the Strait of Hormuz remains affected by Iran-related conflict. The company previously reported key infrastructure was targeted in July; this is its first public acknowledgment. Traders had been scrutinizing footage of suspected tank fires and flaring across Saudi Arabia. "Some of our facilities were attacked, but the impact on operations or finances was not material," Nasser said. "The July incident likewise did not materially affect our capabilities."
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