WS #11366
Multiple sources confirm Ukrainian drones hit St. Petersburg oil terminal and Kronstadt naval base, escalating the energy war and threatening Russian fuel supplies. Iran warns Strait of Hormuz is not a theatre for extra-regional military displays, as UK and France announce plans to deploy multinational mission to support freedom of navigation. Three US nuclear startups reached reactor criticality before DOE deadline; Valar Atomics signed Nvidia to power AI datacenter, bullish for nuclear and AI infrastructure. OPEC production surged 2.34 million bpd in June as Gulf states restored exports through Strait of Hormuz, bearish for oil prices. White House requests $87.6 billion in additional funding, mostly for Iran war, potentially weighing on fiscal sentiment. Putin signs law amending tax code to support domestic fuel market, countering supply disruption from drone strikes.
Ukraine Drone Strikes on Russian Oil Infrastructure
Multiple sources confirm Ukrainian drones hit St. Petersburg oil terminal and Kronstadt naval base, escalating the energy war and threatening Russian fuel supplies.
Iran warns Strait of Hormuz is not a theatre for extra-regional military displays, as UK and France announce plans to deploy multinational mission to support freedom of navigation.
Three US nuclear startups reached reactor criticality before DOE deadline; Valar Atomics signed Nvidia to power AI datacenter, bullish for nuclear and AI infrastructure.
OPEC production surged 2.34 million bpd in June as Gulf states restored exports through Strait of Hormuz, bearish for oil prices.
White House requests $87.6 billion in additional funding, mostly for Iran war, potentially weighing on fiscal sentiment.
Putin signs law amending tax code to support domestic fuel market, countering supply disruption from drone strikes.