Azerbaijan Caught in the Crossfire as EU Targets Black Sea Oil Hub

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The EU is considering sanctions on Georgia's Black Sea port of Kulevi, which could impact Azerbaijan's SOCAR oil terminal, as the EU targets alleged Russian oil shipments through the port.

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80%
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Georgia’s Black Sea port of Kulevi, a hub for Black Sea oil shipments, may soon face European Union sanctions over allegations that the Georgian government has used it to help Russia move crude needed to finance its war in Ukraine. The potential sanctions place Azerbaijan, whose state-controlled energy entity SOCAR owns an oil terminal in Kulevi, in a tough spot. According to RFE/RL, which obtained a draft of the EU’s upcoming 20th sanctions package, the bloc is considering banning transactions with four ports allegedly used…

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المقال الكامل على OilPrice.com
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المقال الأصلي منشور بواسطة OilPrice.com في فبراير 19, 2026.
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