WS #11487
Russia launched a large-scale missile and drone attack on Kyiv, with explosions heard and ballistic missile strikes reported, escalating the conflict but with no new market-moving data beyond the attack itself. OPEC+ approved 188,000 bpd increase for August, and Hormuz shipping shows signs of recovery with a US-protected corridor, leading to lower oil prices and bearish energy sector outlook.
Russia-Ukraine Conflict Escalation
Russia launched a large-scale missile and drone attack on Kyiv, with explosions heard and ballistic missile strikes reported, escalating the conflict but with no new market-moving data beyond the attack itself.
OPEC+ approved 188,000 bpd increase for August, and Hormuz shipping shows signs of recovery with a US-protected corridor, leading to lower oil prices and bearish energy sector outlook.