WS #11496
Russia launched deadly missile and drone attacks on Kyiv, killing at least seven, ahead of the NATO summit, escalating geopolitical tensions and potentially boosting defense and energy risk premium. OPEC+ confirmed a 188,000 bpd output increase for August, the fifth consecutive monthly increase, as Strait of Hormuz shipping recovers, keeping oil prices near four-month lows.
Russia-Ukraine Escalation
Russia launched deadly missile and drone attacks on Kyiv, killing at least seven, ahead of the NATO summit, escalating geopolitical tensions and potentially boosting defense and energy risk premium.
OPEC+ confirmed a 188,000 bpd output increase for August, the fifth consecutive monthly increase, as Strait of Hormuz shipping recovers, keeping oil prices near four-month lows.