Russia reportedly blocks oil from Kazakhstan heading to EU
The Caspian Pipeline, controlled by Russia, reports an "unexpected critical breakdown"
Repairs could take from 3 weeks to 2 months.Russia warns production could be down 1 million barrels a day.https://t.co/Ju0Tv9auF3
— Tim White (@TWMCLtd) March 24, 2022
Oil prices jumped 5% to over $121 a barrel on Wednesday as disruptions to Russian and Kazakh crude exports via the Caspian Pipeline Consortium (CPC) pipeline added to worries over tight global supplies. https://t.co/FThscSQqDj
— Dr. Ikramul Haq (@DrIkramulHaq) March 23, 2022
After carrying out "Repairs" to the gas pipeline that they damaged, Azerbaijan has installed a valve on the pipe. Today they again cut off
the gas from Armenia to Artsakhs, preventing over 120,00 civilians from getting heat, hot water, being able to cook and bake bread pic.twitter.com/8GCK91ADKE— Ver Media (@vermedianetwork) March 21, 2022
h/t inna
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