Published by Global Banking & Finance Review®
Posted on March 2, 2026
3 min readLast updated: April 2, 2026
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Five people were injured and 20 buildings damaged in an overnight Ukrainian drone attack on Novorossiysk. Russia’s Defence Ministry said it shot down 172 Ukrainian drones during the assault, while local officials declared a state of emergency and shared images of the damage.
MOSCOW, March 2 (Reuters) - Russia's Sheskharis oil terminal suspended oil loadings on Monday following a Ukrainian drone attack that injured five, damaged 20 buildings and set a fuel terminal on fire, according to Russian and Ukrainian officials and three trade sources.
The Sheskharis oil terminal in Novorossiysk is Russia's major oil outlet in the Black Sea, loading 700,000 barrels per day of crude oil. The suspension of exports from the port is a hit to Russia's already strained infrastructure.
An official at Ukraine's security service, the SBU, said Ukrainian drones had struck the Sheskharis oil terminal at the port, hitting six of its seven loading facilities, and that the drones also struck Russian warships. Ukraine's General Staff said the drones also struck a naval base, along with an S-400 surface-to-air missile defence system.
Russia, which restricts information about attacks on its military, made no mention of any damage to its military assets. Reuters could not independently verify what Ukraine had struck.
The Russian Defence Ministry said it had downed 172 Ukrainian drones overnight, including 67 over the Black Sea and 66 over the Krasnodar region, where Novorossiysk is located.
There were no tankers loading at the Sheskharis oil terminal during the attack, the sources said. The loadings were suspended in advance and the vessels returned to sea amid a drone attack alert, they added.
One of the sources said that some administrative buildings at the Sheskharis oil terminal were damaged as well as bunker storage and loading facilities and some berths, but didn't provide further details on the damage.
Local authorities in southern Russia said that a fuel terminal at the port had caught fire overnight. They said the blaze had been put out and made no mention of how it had ignited, though officials confirmed the Ukrainian attack.
"All night long, our military repelled a massive attack by Ukrainian drones. The strongest strike hit Novorossiysk, where a state of emergency was declared," said Veniamin Kondratyev, governor of the Krasnodar region.
Andrei Kravchenko, the mayor of Novorossiysk, posted images of some of the damage on his Telegram channel and said preliminary information suggested that eight residential tower blocks had been damaged along with nine private houses and three kindergartens.
Five people were being treated in hospital, he said.
The nearby Caspian Pipeline Consortium terminal also suspended operations early on Monday amid the alert and resumed operations around midday Moscow time, one of the sources added. Ukrainian drones did not hit the terminal on Monday.
Kazakhstan's energy ministry said on Monday that the latest attack had not affected its oil production and that both output and exports continued as normal.
(Reporting by Reuters Moscow and Kyiv bureaus;Writing by Andrew Osborn and Anna Pruchnicka; Editing by Kevin Liffey and Lisa Shumaker)
Five people were injured in the overnight Ukrainian drone attack on Novorossiysk.
Twenty buildings, including residential blocks, houses, and kindergartens, were damaged.
The Russian Defence Ministry stated that 172 Ukrainian drones were downed overnight.
Debris from drones fell on a grain terminal, but no damage was reported.
A state of emergency was declared due to the severity of the drone strike and resulting damage.
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