Ukrainian drones reportedly started a fire at Sheskharis oil terminal at Russia's Novorossiysk overnight, according to sources
The reported attack on Russia's Sheskharis oil terminal by Ukrainian drones could escalate tensions significantly, especially considering its strategic importance for oil exports.
Wells Fargo now expects the Fed to keep interest rates unchanged in 2026 (prev. saw two cuts this year)
US appeals court has upheld the injunction which states that New Jersey cannot prevent Kalshi from offering sports-related event contracts
Ukrainian drones reportedly started a fire at Sheskharis oil terminal at Russia's Novorossiysk overnight, according to sources
Barings Private Credit Corp is set to limit redemptions, according to Bloomberg
Iran will allow ships from some friendly nations to pass through the Strait of Hormuz in exchange for security fees, Al Jazeera reports
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This incident may lead to heightened volatility in energy prices and could impact global risk sentiment, with potential safe-haven flows into currencies like the USD and JPY. Traders should watch for implications on WTI prices and overall market reactions as conflict dynamics evolve.
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