Kyiv targeted southern ports, including Novorossiysk, while OPEC+ adhered to quotas and production decline was commented on by Alexander Novak.
1 report, 1 independent
Updated Sep 10
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What happened
Kyiv targeted southern ports, including Novorossiysk, while OPEC+ adhered to quotas and production decline was commented on by Alexander Novak.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Global oil market dynamics are being shaped by divergent views on demand forecasts, US policy shifts under the Trump administration, slower EV uptake in Europe, and major export cuts from Gulf producers due to the Iran war.Also in this story
- The International Energy Agency and DNV are modeling global energy demand amidst geopolitical tensions and policy shifts affecting the global energy market.
- IEA reports on energy shocks originating from the Middle East and their impact on Europe's electricity demand.
- Trump's administration is implementing broad trade barriers and tariffs on clean technology, affecting global energy transition goals.
- Gallup poll shows growing number of Americans identifying as Democrats, while EV deployment surpasses forecasts, forcing IEA to revise projections, and Trump pushes back on the transition.
The entities involved
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Novorossiysk
city in Krasnodar Krai, Russia
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Organization of the Petroleum Exporting Countries
international organization of petroleum-exporting countries
Related events
- Ukrainian forces struck the Russian naval base in Novorossiysk on September 11, 2026.
- Ukraine is aiming to cut off supplies to Crimea through coordinated attacks on targets in Odesa and Novorossiysk.
- Both Novorossiysk and Odessa ports are currently under attack and facing operational risks.
- Russia conducts attacks on Black Sea ports including Gelendzhik, targets oil facilities in Odesa, and strikes Kharkiv.
- Operational status of Novorossiysk indicates blocked Black Sea Fleet operations and an 80% decline in Russian exports.