Ukraine Intensifies Campaign Targeting Russia's Vital Oil Lifeline

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The key Russian oil port of Novorossiysk on the Black Sea suspended oil exports on Friday, following a major Ukrainian attack on the port overnight, industry sources told Reuters.    In addition, Russia’s pipeline company Transneft suspended crude oil supply to the facilities at the port, according to Reuters’ sources.  The port of Novorossiysk, a key export outlet of crude from Russia and Kazakhstan, and a major wheat export hub, was attacked by Ukrainian drones early on Friday. Oil prices jumped in Asian and early…