A handful of oil tankers were racing toward the Strait of Hormuz on Friday after Iran declared it open, even as industry groups urged caution and several shipowners and traders said they needed more clarity about the status of the waterway before making any decisions.

Russia’s largest Black Sea port of Novorossiysk resumed loading crude from a key berth, according to people familiar with the information.

Russia’s Leningrad region is calling up reservists to try to protect vital infrastructure after Ukraine stepped up drone attacks on Baltic ports and refineries.

Jeff Currie, the one-time Goldman Sachs Group Inc. commodities strategist known for shaping investor views on energy markets, has co-founded an oil and gas company.

Russia’s emergency services are stepping up efforts to extinguish a massive fire in the Black Sea port city of Tuapse after a Ukrainian drone attack that happened more than 24 hours earlier.

Russia is on course for another oil-tax windfall as the war in the Middle East drives up prices, as well as demand for the country’s crude.

Ukraine’s drone strikes on key Russian oil-export outlets in the Baltic and Black seas may put India’s crude-refining operations at risk in the near future, according to the International Energy Agency.

Russia’s crude output was virtually flat in March after three consecutive months of declines, as Ukraine’s attacks on its foe’s oil infrastructure continued to hamper seaborne exports and crude processing.

Crude exports from Russia’s biggest Black Sea port are still limited, with its two largest berths yet to resume loadings after Ukrainian drone attacks last week.

Ukraine said it hit drilling platforms in the Caspian Sea owned by Russian oil major Lukoil PJSC, the latest strike before a short ceasefire during Orthodox Easter starting on Saturday.

Ukraine said it hit Russia’s key Baltic port of Ust-Luga, the latest in a spate of attacks on the country’s oil-export infrastructure as the war between the two nations shows no signs of easing.

Russian crude prices rose to the highest in more than 13 years as Moscow benefited from the Iran-linked global oil rally.

Russia’s key Black Sea oil terminal caught fire following an overnight drone attack, Ukraine’s General Staff said on Monday, confirming earlier satellite images from NASA.

Russia’s key Black Sea oil terminal caught fire following an overnight drone attack, Ukraine’s General Staff said on Monday, confirming earlier satellite images from NASA.

Heavy rains, wet snow and strong winds damaged some power facilities in the Russian region of Dagestan, leaving dozens of villages without electricity, local officials said.

Russia’s oil tax revenue in March dropped by nearly half compared to a year earlier, highlighting the Kremlin’s financial strain just before the Middle East war delivered an unexpected boost to Moscow’s earnings.

The crude terminal at Russia’s Baltic port of Ust-Luga appears undamaged in satellite images after multiple Ukrainian drone attacks in the region.

Drones targeted oil refineries in Russia’s Bashkortostan republic on Thursday morning, causing fire in an industrial area of the regional capital Ufa, according to authorities.

Ust-Luga, Russia’s key oil export port on the Baltic coast, sustained further damage following an overnight drone attack as Ukraine has intensified strikes on Russian energy infrastructure.

Russia plans to ban gasoline exports for the nation’s producers from April 1 to meet domestic demand as global fuel prices surge amid the war in Iran.