WS #11306
Reports of a massive Ukrainian drone attack on Crimea and Russian missile strikes on Kherson, with Ukraine claiming use of indigenous FP-9 ballistic missile, but no major escalation in market impact. Oil prices stabilized near $70.78 Brent as progress in US-Iran talks over the Strait of Hormuz offset renewed clashes, with crude headed for a fourth weekly loss.
Ukraine-Russia Conflict: Drone and Missile Strikes Continue
Reports of a massive Ukrainian drone attack on Crimea and Russian missile strikes on Kherson, with Ukraine claiming use of indigenous FP-9 ballistic missile, but no major escalation in market impact.
Oil prices stabilized near $70.78 Brent as progress in US-Iran talks over the Strait of Hormuz offset renewed clashes, with crude headed for a fourth weekly loss.