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. 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.