Three industry sources said the CPC (Caspian Pipeline Consortium) Black Sea terminal on Russia’s coast is expected to resume crude loading late Monday. Loading was suspended a week ago after drone strikes on tankers at or near the terminal; the facility handles roughly 2% of global crude supply and the outage sharply reduced Kazakhstan’s crude output.

2026-07-27

Three industry sources said the CPC (Caspian Pipeline Consortium) Black Sea terminal on Russia’s coast is expected to resume crude loading late Monday. Loading was suspended a week ago after drone strikes on tankers at or near the terminal; the facility handles roughly 2% of global crude supply and the outage sharply reduced Kazakhstan’s crude output.