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Market Impact: 0.3

Major Russian Oil Hub on Fire After Strike, NASA Data Show

Source: Bloomberg

Geopolitics & WarEnergy Markets & PricesCommodities & Raw MaterialsInfrastructure & Defense

NASA satellite imagery suggests a major Russian crude-pumping station and storage site in the Volga region could be on fire. The report says Ukraine has resumed strikes against Moscow’s oil assets, but does not confirm the fire or quantify damage, disruption, or market effects.

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