Oil prices rose on Tuesday following a drone attack on a major Russian pipeline that carries a significant portion of Kazakh oil exports.

Kazakhstan’s oil exports could be cut by as much as 30% for up to two months following the February 17 Ukrainian drone strike on a key pipeline pumping station, Russia’s state pipeline operator Transneft said on February 18.

A Ukrainian drone attack on a major oil pipeline in southern Russia could reduce export volumes by almost a third over the next two months, Russia's state pipeline operator said Tuesday. On Monday, explosive-packed drones hit a pumping station of the Caspian Pipeline Consortium,

Oil futures were lifted Tuesday, ending with gains after a drone attack by Ukraine on a pipeline carrying crude from Kazakhstan across southern Russia curtailed flows.

Brent crude oil prices stabilized in early Tuesday trading after a drone attack on Russias Kropotkinskaya pipeline station disrupted oil flows from Kazakhstan. Brent futures dipped 0.09% to $75.15 per barrel by 0137 GMT,

Oil extended gains on Tuesday after a drone attack on an oil pipeline pumping station in Russia reduced flows from Kazakhstan, though prices were kept in check by the prospect of rising supply. Brent crude futures gained 44 cents,