Ukraine Knocks Out 40% of Russia's Oil Export Capacity in Baltic Drone Strike

Russia is scrambling to reroute oil flows after a fresh wave of attacks knocked out key Baltic export infrastructure—just as maritime risks are already piling up elsewhere. According to Reuters, citing Interfax, pipeline operator Transneft is attempting to redirect crude volumes away from ports hit by Ukrainian drone strikes, including Primorsk and Ust-Luga—two of Russia’s most critical export hubs. Reuters calculations suggest as much as 40% of Russia’s oil export capacity is currently offline, factoring in port outages,…