Ukrainian Drone Attacks Halt Operations at Major Russian Oil Terminal

The Sheskharis oil terminal in Novorossiysk, Russia's largest Black Sea oil export facility, has halted tanker loadings due to increased Ukrainian drone attacks. The terminal has not loaded any tankers since July 21, 2026, disrupting approximately 650,000 barrels of oil per day, which constitutes one-fifth of Russia's seaborne crude exports. The suspension follows a pattern of escalating drone activity affecting Russian energy infrastructure, including the nearby Caspian Pipeline Consortium terminal. Russian authorities have issued warnings to vessels in the Black Sea about potential threats from Ukrainian drones. The situation has also raised concerns about the impact on Russian grain exports, as Novorossiysk is a key hub for grain shipments.

Key Points: • The Sheskharis terminal has suspended operations due to Ukrainian drone threats. • This disruption affects about 650,000 barrels of oil per day, impacting 20% of Russia's seaborne exports. • Russian authorities have warned vessels in the Black Sea of potential drone threats.