Reuters: Almost Half Of Russia's Oil Exports Paralyzed
- 25.03.2026, 19:26
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Because of Ukraine's strikes on the ports.
Russia's largest oil ports on the Baltic Sea - Primorsk and Ust-Luga - have again suspended oil shipments due to the second drone strike since the beginning of the week, Reuters reported, citing two industry sources.
Ust-Luga, from which tankers export about 700,000 barrels of oil daily, came under UAV attack last night. As a result of the attack, a fire broke out in the port, which exports oil products, coal and fertilizers in addition to oil, Leningrad Region Governor Alexander Drozdenko said.
Oil shipments were also suspended at Primorsk, the main oil port on the Baltic Sea with a capacity of 1 million barrels per day. Primorsk was hit by a UAV attack on March 22, which caused fuel tanks at the port to catch fire. Although both ports briefly resumed operations after the attack on Sunday, they have not returned to normal operations due to fire, damage and threats of more raids, Reuters sources said.
The agency estimates that about 40 percent of Russia's oil export capacity - about 2 million barrels per day - is currently paralyzed. In addition to the Baltic ports, Novorossiysk, which came under a UAV raid earlier in March, is also operating with disruptions. The port's capacity is about 700,000 barrels per day, but it is behind the loading schedule, the interlocutors told Reuters.
Because of the downtime of the Baltic ports, tankers have begun to accumulate at sea: according to MarineTraffic, at least 50 ships are currently in the Gulf of Finland, indicating Primorsk or Ust-Luga as their destination. Smoke from the fire in the port, which houses 33 fuel reservoirs holding more than 500 tank cars, can be seen from the coast of Finland - dozens of kilometers along the Gulf coast, Helsingin Sanomat writes.