Ukraine Agrees Not to Attack Tankers and Oil Infrastructure in the Black Sea
Ukraine has agreed to refrain from attacking the infrastructure of the Caspian Pipeline Consortium and non-Russian vessels heading to its terminal in Novorossiysk, provided they are not under Ukrainian sanctions, do not carry Russian cargo, and are not owned by Russian individuals or legal entities. This commitment was made by Ukraine following a meeting between U.S. officials and Ukrainian leadership. Kyiv has established contact points for commercial shippers to relay information to ensure the safe passage of vessels. Ukraine is providing clarifications on which ships may become targets. The agreement concerns the transportation of Kazakh oil through the CPC terminal, which accounts for about 2% of global crude oil supplies. After attacks in the terminal area, some shipowners temporarily halted loading. The first wave of attacks starting July 20 led to the suspension of loading on certain vessels. Operations resumed on July 27, but two days later, ships were attacked again. Due to disruptions, CPC Blend exports in August may decrease by about a third. The risks have affected freight rates: tanker earnings on the route from CPC to the Mediterranean exceeded $400,000 per day on Friday, a record high. It remains unclear whether the new agreement will be sufficient for the full normalization of shipments.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Turkey Reduces Russian Oil Imports to 900,000 Tons in July

San Francisco's ChatTJB Chatbot Manually Replies to All Questions by Its Founder

Drone Attacks in the Black Sea Reduce Kazakh Oil Exports by 20%

The anticipated premiere arriving on Prime Video that promises to become one of the most viewed

New Order Returns to Argentina: How and Where to Buy Tickets for the Show

How to Detect Counterfeit Dollars: Key Security Details to Verify Bills

Visa Expands Stablecoin Support: Integrating Four New Tokens Across Four Blockchains
Key Takeaways Visa is set to enhance its crypto ecosystem by adding support for four additional stablecoins on…
Japan Pioneered Stablecoin Regulations — Why Is the US Surging Ahead in Adoption?
Imagine two global giants racing to shape the future of digital money: Japan, the careful architect building a…

Bank of America Dives into Stablecoins to Streamline Trillions in Client Funds, CEO Reveals
Imagine a world where trillions of dollars zip around the globe faster than ever, all thanks to the…

Bitget hacker routes 4 BTC through Wasabi CoinJoin

Tether: The United States Seizes $84 Million from a Banking Intermediary

Citi says 77% of institutions eye tokenized collateral

South Korea weighs liquidity rules for won stablecoins

Bitcoin: How Afghan Women Regained Control of Their Salaries

FTX and AI Apocalypse: The End of Calm Times for Anthropic
![[Digital Bill of Rights③] Money Written by AI, "Make it Usable in Real Life"](/public-static/052_26710392f0.png?format=avif)
[Digital Bill of Rights③] Money Written by AI, "Make it Usable in Real Life"
![[Digital Bill of Rights②] The Success of Digital Dollar Comes from Competition](/public-static/078_4d1ce66fab.png?format=avif)
[Digital Bill of Rights②] The Success of Digital Dollar Comes from Competition

The NFT party is over and everybody now owes storage rent

Costa Rica warns about crypto assets in political financing and strengthens its controls

Saylor: The era of intelligence and digital assets needs a bill of rights

Washington has $114 billion reasons to want Tether around

How Crypto Stopped Waiting for Congress and Learned to Love the Regulators

Balancer fork’s 6 million BAL ask could cut holders’ redemption value

FinCEN Expands AI Fraud Loophole in the USA by Eliminating Controls

Strategy Plans to Distribute Bitcoin Treasury Dividends Daily

Sharplink CEO: The Future of the Smart Economy

Fed stablecoin proposal would make circulation a capital cost for supervised issuers

Shielded Bitcoin: the proposal that aims to bring privacy without changing BTC's code

End of Bets in Brazil: What Changes and What Are the Next Steps




