
Summary of russia’s seaborne crude oil exports by region across all ports. In February 2026, we saw a significant decline in the Baltic Sea (due to weather conditions in the Gulf of Finland—temperatures as low as -30°C, 30 cm of ice, and icebreaker escort) and a similar decline in February 2026 in the Black Sea (due to storms and russian military attacks on the Krasnodar region).
We hope to see the effect of the “beautiful fires” in the Baltic Sea in the April results. The green dotted line indicates the impact of “Trump’s sanctions” on Lukoil and Rosneft.
Source: blackseanews.net

