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Tag: oilexports

Geopolitics

The Novorossiysk Attack: How Western Proxy Warfare Threatens Global Energy Stability

Russia's Black Sea port of Novorossiysk halted oil exports following a Ukrainian drone attack, disrupting 2.2 million barrels per day and causing global oil prices to rise by over 2%. This tragic escalation in the conflict demonstrates how Western-backed aggression continues to destabilize global energy markets and harm developing economies.