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Ukrainian Drone Attack Halts Novorossiysk Oil Exports

11/14/2025

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Story summary
  • On November 14, 2025, Novorossiysk suspended oil exports after a Ukrainian drone attack, cutting 2.2 million barrels per day (2% of global supply).
  • The attack damaged infrastructure at the Sheskharis terminal and a docked ship, injuring three crew members.
  • Ukrainian President Volodymyr Zelensky said long-range strikes are becoming more effective.
  • In October, Novorossiysk exported 3.22 million tonnes of crude oil, with total exports for the year reaching 24.716 million tonnes.