Singapore: Oil prices fell on Tuesday after Russia resumed crude loadings at its major export hub in Novorossiysk, easing supply worries that followed a recent drone and missile attack on the port.

Operations at the Black Sea terminal had been halted for two days after the strike, which damaged parts of the port area and briefly disrupted exports. The pause had raised concerns because the port handles more than two million barrels of oil a day, making it a vital channel for Russian supplies to global markets.

According to port officials and shipping data, loadings restarted on Sunday, allowing crude flows to move back toward normal levels. With the immediate supply threat reduced, global oil benchmarks slipped. Brent crude fell to around 63 dollars a barrel and United States West Texas

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