Saudi Arabia & Caspian Pipeline Consortium

Saudi Arabia: Saudi Arabia shot down drones targeting its oil facilities, launched from Iraq by Iran-backed militias. Houthi attacks on Red Sea oil infrastructure threaten its export routes, and the Jazan refinery was shut after an attack.

Caspian Pipeline Consortium: Resumed oil loadings at Black Sea terminal after temporary closure.

Saudi Arabia: Saudi Arabia's supply is disrupted by the Iran war, adding to global oil market tightness.

Caspian Pipeline Consortium: CPC suspended loadings after drone attacks on tankers, then resumed, but the disruption caused significant output cuts in Kazakhstan.

Saudi Arabia: Urged Trump to avoid strikes, fearing Iranian retaliation on its energy infrastructure. Its role as a mediator and major oil producer makes it vulnerable to escalation.

Caspian Pipeline Consortium: Experienced temporary suspension and drone attacks, affecting Kazakh oil exports. Its operations are vulnerable to regional instability.

Caspian Pipeline Consortium: The Caspian Pipeline Consortium's terminal was attacked by Ukrainian drones, causing damage to loading infrastructure and storage tanks, and disrupting 1.5% of global oil supply.