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Russia's Oil Exports Extend Slump for Fifth Week, With No Crude Loading From Novorossiysk Terminal in Week to Aug. 16 Amid Ukrainian Drone Strikes
Russia's oil exports have fallen for a fifth consecutive week, with no crude oil loaded from the key Novorossiysk oil terminal in the seven days leading up to August 16. This extended slump comes amid ongoing Ukrainian drone strikes targeting Russian energy infrastructure.
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