Russian drones hit two foreign flagged vessels near Ukraine's port of Chornomorsk on Monday, according to source reports

Russian drones hit two foreign flagged vessels near Ukraine's port of Chornomorsk on Monday, according to source reports.

The attack on foreign flagged vessels by Russian drones signifies an escalation in geopolitical tensions around Ukraine, which could have immediate implications for energy and shipping markets. This incident may drive prices for oil, natural gas, and metals higher as investors seek safe-haven assets amid the uncertainty, particularly impacting currencies like the USD and EUR. Traders should monitor how this situation evolves, as it could influence broader market sentiment and risk appetite.