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Breaking Posted 1 hour ago

Ukraine Strikes Five Russian Oil Refineries Since October 30

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Ukraine's military has targeted five major Russian oil refineries in the past two weeks, disrupting refining capacity. Oil-sensitive currencies including CAD face downside pressure as crude supply tightens; EUR may benefit if energy costs rise further for the Eurozone. Markets have largely priced geopolitical escalation as structural rather than decision-moving, limiting immediate FX volatility.
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12 minutes ago

Ukraine Strikes Russia's Largest Oil Refinery Third Time

Ukraine attacked Russia's biggest oil refinery in western Siberia for a third time, escalating crude-processing disruptions during US-mediated peace talks. Oil supply concerns support CAD and weigh on energy-importing currencies; markets have largely priced geopolitical escalation as structural rather than decision-moving.

https://www.bloomberg.com/news/articles/2026-11-12/ukraine-says-it-hit-russia-s-biggest-oil-refinery-in-siberia
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