Russian Defence Ministry says Ukraine attacked facilities at the Maritime Transhipment Complex in Novorossiysk overnight, according to Ifx; CPC Mooring point was damaged

The reported attack on key oil facilities in Novorossiysk highlights increasing tensions and potential escalations in the conflict. Damage to oil reservoirs and infrastructure can significantly impact supply dynamics, potentially leading to higher energy prices and volatility in related markets, particularly for commodities like oil and natural gas. Traders should monitor reactions across currencies and commodities as this situation unfolds, as it could affect risk sentiment and energy equities.