Russia’s Defence Ministry says its forces have struck infrastructure used by Ukraine’s military in the port of Odesa, IFX reports

Russia’s Defence Ministry says its forces have struck infrastructure used by Ukraine’s military in the port of Odesa, IFX reports.

This escalation in Odesa could increase tensions between Russia and Ukraine, potentially influencing energy markets and risk sentiment across Europe. Traders should consider the implications for commodities, especially oil, as disruptions may lead to supply concerns. Watch for any reactions in safe-haven assets like gold and the euro's performance against the dollar.