Kazakh Oil Flows From Black Sea Set to Match Record in May

Exports of mostly Kazakh oil from a port on Russia’s Black Sea coast are set to match a record next month, offering a degree of relief to European refiners who...

By Sherry Su · Bloomberg Markets

Exports of mostly Kazakh oil from a port on Russia’s Black Sea coast are set to match a record next month, offering a degree of relief to European refiners who have been struggling to secure supplies following the effective closure of the Strait of Hormuz.