Ukrainian drones attack Russia's Tuapse oil refinery, causing a fire, according to authorities

The attack on Russia's Tuapse oil refinery by Ukrainian drones likely escalates tensions in the region, potentially affecting oil supply and prices. This could spur volatility across energy markets and safe-haven assets like gold while influencing forex rates, particularly for currencies tied to commodities and geopolitical risk. Traders should watch for market reactions in energy prices and shifts in investor sentiment towards riskier assets.