🔴 CPC is considering suspending oil exports until security guarantees are secured. Following repeated attacks, tankers have begun turning back—this concerns a route handling over 80% of Kazakhstan’s exports and nearly 2% of global oil shipments. No formal decision has been made yet, but the signal is strong: millions of barrels can be extracted, but someone must still be willing to take them. ⛽ War risk is increasingly becoming a factor in oil logistics, and markets won’t ignore such issues for long.