WS #11566
Ukraine strikes Russia's largest refinery (Omsk) and Russia pounds Kyiv ahead of NATO summit; China launches nuclear-capable missile into Pacific, US urges arms control. Saudi Arabia slashes oil prices, Strait of Hormuz traffic picks up, and Japan-linked vessels exit the strait, signaling easing supply disruption and pressuring oil prices.
Geopolitical Tensions: Ukraine-Russia & China
Ukraine strikes Russia's largest refinery (Omsk) and Russia pounds Kyiv ahead of NATO summit; China launches nuclear-capable missile into Pacific, US urges arms control.
Saudi Arabia slashes oil prices, Strait of Hormuz traffic picks up, and Japan-linked vessels exit the strait, signaling easing supply disruption and pressuring oil prices.