Turkey Reduces Russian Oil Imports to 900,000 Tons in July
Turkey has cut its oil purchases shipped through Russian ports: in July, imports amounted to about 900,000 tons compared to 1.2 million tons in June. In August, supplies from Russian Black Sea ports may drop even further, as the country has begun seeking alternatives in Brazil and Guyana. Shipments through the Black Sea have halved: in July, Turkey received just over 300,000 tons of oil compared to 600,000 tons in June. The reason for this decline was disruptions in the operation of Russian Black Sea ports following attacks by Ukrainian drones. In July, exports from the Caspian Pipeline Consortium (CPC) terminal were halted for a week, and loading in Novorossiysk was unstable, leading to a 20% reduction in shipments from the CPC. In August, around 200,000 tons of oil from Russian Black Sea ports is expected, but supplies of CPC Blend and Urals have not yet been scheduled. To compensate for the reduction, Turkey plans to make rare oil purchases from Brazil and Guyana. The CPC pipeline is important for Kazakhstan, which transports oil to the Russian Black Sea coast, and its disruptions affect Kazakh exports and buyers in the Mediterranean. At the end of July, Kazakhstan suspended oil supplies to the CPC terminal due to the threat of attacks on tankers.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

San Francisco's ChatTJB Chatbot Manually Replies to All Questions by Its Founder

Ukraine Agrees Not to Attack Tankers and Oil Infrastructure in the Black Sea

Drone Attacks in the Black Sea Reduce Kazakh Oil Exports by 20%

The anticipated premiere arriving on Prime Video that promises to become one of the most viewed

New Order Returns to Argentina: How and Where to Buy Tickets for the Show

How to Detect Counterfeit Dollars: Key Security Details to Verify Bills

Visa Expands Stablecoin Support: Integrating Four New Tokens Across Four Blockchains
Key Takeaways Visa is set to enhance its crypto ecosystem by adding support for four additional stablecoins on…
Japan Pioneered Stablecoin Regulations — Why Is the US Surging Ahead in Adoption?
Imagine two global giants racing to shape the future of digital money: Japan, the careful architect building a…

Bank of America Dives into Stablecoins to Streamline Trillions in Client Funds, CEO Reveals
Imagine a world where trillions of dollars zip around the globe faster than ever, all thanks to the…

PCE and Payrolls are coming |WEEX Weekly Market Hotspot (September 28-October 2, 2026)

Vitalik on the 'Cryptographic World Computer': The Paradigm Shift from the Bitcoin White Paper to Ethereum

Bitget Requests THORChain to Block Hacker but is Rejected

ONDO Price Prediction: Is $0.60 the Next Target After BlackRock News?

Sequoia Capital's Closed-Door Sharing: From 'Delivering Software' to 'Delivering Results', New Logic of AI Commercialization and Capital Pricing

Aave Launches Stock Token Collateralized Lending, USDC Lenders Face Weekend Gap Risk

XPL Price Prediction 2026: Can Plasma Reach $0.15 After Unlock?

Important News from Last Night and This Morning (September 27 - September 28)

In Conversation with Zhao Changpeng: We Are Still in the Early Stages of the Biggest Cryptocurrency Surge

Coinbase Impersonator Sentenced to Up to 12 Years for $16 Million Cryptocurrency Fraud

Stablecoins and Tokenized Deposits: Banks Could Lose $230 Billion

Becerra: AI May Alleviate Price Pressures, Fed Should Maintain an Open Stance on Inflation

El Salvador Residency: The New Frontier of Financial Freedom

Anthropic CEO Dines with Trump: What's at Stake in AI

Cosmos intercepts 1.23 million stolen ATOM but refunds now wait on governance vote

Market Neutral: The Art of Earning Without Betting on Market Direction

Wall Street Giant Warns AI Agents Could Trigger a New Kind of Bank Run

Bitget freezes XRP withdrawals as 27M stolen tokens move

Blockchain: Solana tests Alpenglow aiming for finality in 150 milliseconds

AI and Crypto in 2026: How Blockchains Are Becoming AI Infrastructure







