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US Ukraine Pact to Protect Black Sea Ships
Referring to an agreement between the United States and Ukraine, Kyiv commits not to target ships and infrastructure of the Caspian Pipeline Consortium in the Black Sea, which is used to export Kazakhstani oil. This pledge came after negotiations following drone attacks that affected oil loading operations and global oil prices. Ukraine stipulated that the ships must not be owned by Russia, transport Russian oil, or be subject to Ukrainian sanctions. The pipeline represents the longest route for transporting oil from the Caspian Sea to international markets, spanning 1,500 kilometers. Its ownership includes Russian, Kazakhstani, and global oil companies. It is worth noting that recent attacks on ships in the area have led to a suspension of some loading activities, while the U.S. continues to warn Kyiv against targeting oil facilities in the Black Sea.
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