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Breaking Posted 14 hours ago

Ukraine Strikes Oil Refinery in Russia's Ufa Region

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Ukraine has struck an oil refinery in Russia's Ufa region, adding to energy-supply disruption risks. Crude-price moves ripple through CAD via oil sensitivity and EUR via energy-cost pass-through to inflation. Traders watch whether sustained refinery damage shifts central-bank repricing—particularly ECB and BOJ, already flagging oil-driven inflation concerns.
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