The key Russian oil port of Novorossiysk on the Black Sea suspended oil exports on Friday, following a major Ukrainian attack on the port overnight. Friday, November 14, 2025The Russia-Ukraine war rages on, with Ukraine’s drone attacks temporarily halting oil loadings in Russia’s largest Black Sea port, however, even such a high-impact event was only able to recoup the past days’ losses and reset ICE Brent at $64 per barrel. Oil bulls’ sentiment was dampened by this week’s monthly reports from the IEA and OPEC, particularly…
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