Oil Flow Through Russia’s Ust-Luga Appears to Pause After Attack

Pipework in Ust-Luga, Russia.

Photographer: Bloomberg

Oil flows through Russia’s Baltic Sea port of Ust-Luga appeared to pause, backing up Kyiv’s claims of a successful drone strike on a pumping station.

It would present a significant new supply threat for the global oil market if it were to be confirmed that Ukrainian drone strikes have damaged the pipeline system feeding Ust-Luga, halting oil shipments from the port for a prolonged period.