oil exports

Andrew Milligan sumo / Wikimedia (CC BY 2.0)

Kazakh Oil Exports from Russian Black Sea Port Set to Match Record Amid Strait of Hormuz Tensions

Exports of mostly Kazakh oil from a port on Russia’s Black Sea coast are projected to reach a record level next month. This development provides relief to European refiners facing supply challenges due to tensions in the Strait of Hormuz. The increase helps address disruptions in…