Severe weather conditions in the Black Sea have led to restrictions at Russian seaports, disrupting up to 2 million barrels per day of oil exports from Kazakhstan and Russia. The storm has caused navigation restrictions, and the Russian transport ministry stated that the restrictions would continue until weather conditions improved. The disruption has contributed to a rise in global oil prices, and Kazakhstan's energy ministry reported a 38% drop in daily oil output at the Kashagan field due to the storm. The Black Sea region has experienced heavy storms, impacting logistics, oil exports, and causing damage to homes and infrastructure.

SOURCE: GOOGLE