March 24, 2025 11:19 am
Full News

Ukrainian Drones Attack Russian Pipeline, Disrupting Global Oil Supply

MOSCOW – A senior Russian official announced on Tuesday that Ukrainian drones had attacked a pipeline in Russia, which pumps about 1% of the global crude supply. The strike, he said, could disrupt flows to world markets and damage U.S. companies.

The Caspian Pipeline Consortium (CPC) reported on Monday that the Kropotkinskaya station, a crude oil transportation facility in the southern Krasnodar region, was struck by several drones loaded with explosives and shrapnel. The CPC did not specify who was behind the attack but confirmed that the Kropotkinskaya facility had been taken out of service. Crude oil through the Tengiz-Novorossiysk pipeline system is being maintained at reduced flow rates, bypassing the pumping station. Kropotkinskaya is the largest pumping station on the pipeline in Russia.

“Ukrainian drones attacked a pumping station that provides oil transportation through the main oil pipeline of the Caspian Pipeline Consortium,” said Dmitry Medvedev, deputy chairman of Russia’s powerful Security Council. “A blow to an oil consortium could stop oil pumping, unbalance the market, increase oil price spikes and cause direct damage to American companies,” he added.

An official at Ukraine’s SBU security service confirmed that Kyiv had targeted the pumping station and the nearby Ilsky oil refinery using drones.

Medvedev noted that the attack on a pipeline partly owned by U.S. companies was a blow against U.S. President Donald Trump, who has sought lower oil prices. It remains to be seen how President Trump will respond to this development.

The CPC transports oil from the vast Tengiz field on the northeastern shores of the Caspian and from Russian producers, taking oil 1,500 km (939 miles) across Kazakhstan and Russia to the Black Sea, where it is loaded onto tankers for supply to world markets. Russia holds a 24% stake in the CPC, while Kazakh state oil and gas company KazMunayGas has a 19% stake, Chevron has a 15% stake, Lukoil has a 12.5% stake, and Exxon Mobil has a 7.5% stake.

In 2024, the CPC exported 63.01 million metric tons of oil, known as the CPC blend.

Related News
Oscar Nominations Delayed Due to Wildfires, Voting Extended
Kapil Sharma Show Accused of Insulting Nobel Laureate Rabindranath Tagore
Black Box Recovered After Plane Crash in Washington
Daniel Craig’s New Movie Queer Now Available Online in the US
UN Reports Over 12,300 Civilian Deaths in Ukraine Since Russian Invasion
Australia’s Coalition Claims Control Over Immigration Policy in Deal with Albanese Government
Related Posts
Pope Francis Finally Out of Danger
Putin Seeks U.S. Recognition of Russia’s Success in Ukraine
South Korean Court Reinstates Impeached Han Duck-soo as Acting President
Jonas Brothers Unveil First Look at A Very Jonas Christmas
Jailed Ekrem Imamoglu Declared Presidential Candidate in Turkey
Denzel Washington Says He’s Not a ‘Hollywood Actor’
More News

After L.A. Fires, Urgent Efforts to Revive Film Production Begin

Wildfires in Los Angeles have devastated communities and disrupted production schedules, with many iconic filming locations destroyed and workers displaced. The destruction, including the loss of over 1,000 buildings and significant damage in Pacific Palisades, Malibu, and Altadena, has caused an estimated $250 billion in damages, severely impacting Hollywood’s entertainment industry. Colleen Bell, executive director […]

Indira Gandhi Cultural Centre Burnt, Yet No Condemnation from Bangladesh Interim Government

Indira Gandhi Cultural Center Set Ablaze in Dhaka on 5th august 2024,Interim Government of Bangladesh Fails to Condemn the Attack Militants Attack Diplomatic Property On August 5, the Indira Gandhi Cultural Center in Dhaka, located on Dhanmondi’s Road No. 2, was attacked and set on fire by militants. The property, once the residence of the […]

Josh Gad Reveals Why He Was Denied a Role in ‘Avatar’

Josh Gad opens up in his new memoir, In Gad We Trust, about his near-casting in James Cameron’s 2009 sci-fi blockbuster Avatar, only to be turned down due to his appearance in the Na’vi digital transformation. While seeking a break from his Broadway role in The 25th Annual Putnam County Spelling Bee, Gad auditioned for […]

6th Nepal Cultural International Film Festival 2025 Concludes with Grand Closing Ceremony

Kathmandu, Nepal – The 6th Nepal Cultural International Film Festival (NCIFF) 2025 concluded with a grand closing ceremony on February 1st, 2025, at the Film Development Board, Nepal. The festival, held from January 30th to February 1st at Q’s Rising Cinemas, Darbarmarg, successfully showcased 98 films from 47 countries, celebrating global cinematic excellence and cultural […]

How the Grammy Awards Voting Works: Who Gets to Decide the Winners?

At the heart of the Grammy Awards are the 13,000+ members of the Recording Academy who determine the winners each year. These voters are professionals actively working in the music industry, including musicians, producers, songwriters, and even those behind the scenes, like CD liner note writers. To become a voting member, individuals must be currently […]

US Fed Cuts Interest Rates, Chair Powell Stands Firm on Role Amid Trump’s Re-Election

Fed Navigates Economic Shifts with Rate Cut and Powell’s Commitment to Stay Washington, D.C. – The United States Federal Reserve has cut interest rates by a quarter of a percentage point, acknowledging signs of a cooling job market even as inflation approaches the central bank’s 2 percent target. This move places the Fed’s benchmark interest […]

Is Elon musk’s Starlink  coming to Bangladesh?

Starlink Eyes Entry into Bangladesh as Policies Shift SpaceX Officials Visit Dhaka for Negotiations SpaceX, the operator of satellite internet service Starlink, is moving closer to entering the Bangladeshi market. Recent reports reveal that company officials have visited Dhaka to negotiate with the Bangladesh ICT Division and other stakeholders to secure approval for launching services […]

The Pakistan Army Returns to Bangladesh in February: India Concerned Over Security

The Pakistan Army is set to return to Bangladesh in February 2025, marking the first time since it was expelled from what was then East Pakistan in 1971. This development raises significant security concerns for India. Amidst diplomatic tensions between India and Bangladesh following the ousting of the Sheikh Hasina government, the Pakistan military’s new […]

Daniel Craig Exits DC Studios’ War Movie ‘Sgt. Rock’

Daniel Craig has officially stepped away from Sgt. Rock, the upcoming DC Studios war film that would have reunited him with director Luca Guadagnino. The movie, based on the iconic DC Comics character, had a script penned by Justin Kuritzkes, known for his work on Challengers and Queer. Sgt. Rock, created by Robert Kanigher and […]

Germany’s Chancellor-Elect Calls for Independence from the United States

Germany’s Chancellor-elect, Friedrich Merz, has called for Europe to free itself from U.S. influence immediately after his election victory. He also criticized the interference of both the United States and Russia in Germany’s election. This information was reported by Al Jazeera and CNN. According to preliminary election results, Merz’s center-right party, the Christian Democratic Union […]