WS #10724
Fresh Ukrainian drone strikes on Russian oil refineries trigger fuel panic-buying and Putin addresses Russia's fuel crisis, escalating energy supply risks. Polymarket trades on Strait of Hormuz traffic normalization and US Venezuela earthquake relief license indicate escalating geopolitical risk in the region. Iraq hints at exiting OPEC, which could pressure oil prices below $50 per barrel, adding to bearish oil sentiment.
Ukraine-Russia Energy Conflict
Fresh Ukrainian drone strikes on Russian oil refineries trigger fuel panic-buying and Putin addresses Russia's fuel crisis, escalating energy supply risks.
Polymarket trades on Strait of Hormuz traffic normalization and US Venezuela earthquake relief license indicate escalating geopolitical risk in the region.
Iraq hints at exiting OPEC, which could pressure oil prices below $50 per barrel, adding to bearish oil sentiment.