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Kazakhstan is expected to sell some of its crude oil through Azerbaijan’s biggest oil pipeline from September to bypass a route Russia threatened to shut.  

Reuters reports:Kazakh oil exports account for more than 1% of world supplies, or roughly 1.4m barrels a day (bpd).

For 20 years, they have been shipped through the CPC pipeline to Russia’s Black Sea port of Novorossiisk, which provides access to the global market.

In July, a Russian court threatened to shut the CPC, prompting the Kazakh government and major foreign producers to set up contracts for other outlets as a precaution.None of the alternatives are as practical as the CPC pipeline, raising the risk of further volatility on energy markets.

Rachel Hall here taking over from Samantha Lock. If there’s anything you think we’ve missed