Primorsk oil terminal loses 40 percent of storage capacity

Satellite images show drone strikes disabled 40 percent of storage at Russia's Primorsk port. The damage to eight reservoirs could impact global oil exports.

Xurve View
Insights:

The Baltic Sea port of Primorsk, a critical export hub for Russia, has reportedly lost at least 40% of its storage capacity following a series of drone strikes launched by Ukraine. Satellite imagery obtained from the United States spatial intelligence firm Vantor reveals significant damage to the facility's infrastructure as of late March.

A satellite near-infrared image shows smoke rising from damaged oil storage tanks after a Ukrainian attack, in Primorsk, Russia March 29, 2026. Vantor/Handout via REUTERS
IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.