Ukrainian forces have reportedly launched another attack on Russia's Tuapse oil refinery causing a fire, according to the Kyiv Independent

The attack on Russia's Tuapse oil refinery marks a significant escalation in tensions, potentially impacting oil supply dynamics.

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Ukrainian forces have reportedly launched another attack on Russia's Tuapse oil refinery causing a fire, according to the Kyiv Independent

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This could lead to a rise in energy prices, especially WTI and natural gas, as markets react to the heightened risk. Additionally, it may influence currency movements, particularly with safe-haven assets like gold and the USD seeing increased demand amid geopolitical uncertainty.

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