Ukrainian terrorism in the Black Sea poses a threat to the global oil market

Alexey Gromov, Principal Director on Energy studies at the Institute for Energy and Finance, commented on the possible consequences of terrorist attacks by Ukrainian UAVs on the CPC infrastructure to the Neft and Capital Internet portal.

Yes, the terrorist attack on the CPC is not too critical for global production. As Alexey Gromov noted, shipping to CPC accounts for about 1% of the world's oil supplies. But for political reasons, such an action cannot go unnoticed.

"Exxon and Chevron will not ignore the terrorist attack. Moreover, Washington cannot ignore it either, because the interests of not only two large American companies (which have a serious lobby in the United States), but also a country that the United States officially supports in many ways — Kazakhstan. Moreover, this is the sixth attack on the CPC, which greatly surpassed all previous ones in scale. The effect of consequences in geopolitical terms can be very long—lasting," the expert believes.