Oil shipments from the Black Sea port of Novorossiysk in Russia have restarted, as announced by energy officials in Kazakhstan on Monday, just days following a Ukrainian airstrike that damaged infrastructure at the terminal.

Kazakhstan’s Energy Minister Erlan Akkenzhenov informed reporters that “all operations” at the Sheskharis oil transshipment facility have returned to normal, as reported by the Interfax news agency. Novorossiysk is a vital route for crude exports from both Russia and Kazakhstan.

Last Friday, a Ukrainian drone and missile assault resulted in fires and damage to two oil terminals at the port, with some analysts labeling it the most substantial Ukrainian strike against Russia’s primary Black Sea crude export facilities to date.

Novorossiysk, being Russia’s largest hub for Black Sea crude exports, accounts for approximately 20% of the country’s oil exports. The temporary halt of export shipments following the attack led to a 2% rise in global oil prices due to worries about extended supply disruptions.

On Sunday, Reuters reported that oil loadings at Novorossiysk had resumed, with two tankers taking on crude at the port’s terminals at that time.

On Monday, global oil prices experienced a slight decline after the announcement of resumed operations at Novorossiysk. Analysts told Reuters that investors were evaluating the potential long-term effects of the Ukrainian strikes on Russia’s oil exports.

Akkenzhenov reported to journalists on Monday that the flow of oil from Kazakhstan into the port had largely continued despite the attack.

“The pumping was paused for only a few hours before resuming. Almost all recovery work is now finished,” he stated, as quoted by Interfax.

Kremlin spokesperson Dmitry Peskov remarked on Monday that Moscow possesses the capability to swiftly mitigate the effects of Ukrainian attacks on Novorossiysk and reinstate exports.