WS #11502
China launched a submarine-based ballistic missile into the South Pacific, alarming Australia, Japan, and New Zealand, escalating regional tensions. OPEC+ agreed to raise output by 188,000 bpd in August as Strait of Hormuz traffic recovers, pressuring oil prices. Ukrainian drone attack damaged Ust-Luga and Vysotsk oil ports in Russia, threatening supply.
China missile test in Pacific
China launched a submarine-based ballistic missile into the South Pacific, alarming Australia, Japan, and New Zealand, escalating regional tensions.
OPEC+ agreed to raise output by 188,000 bpd in August as Strait of Hormuz traffic recovers, pressuring oil prices.
Ukrainian drone attack damaged Ust-Luga and Vysotsk oil ports in Russia, threatening supply.