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Key Russian Baltic Port on Fire After Overnight Drone Strikes
Source: Bloomberg
Geopolitics & WarEnergy Markets & PricesCommodities & Raw Materials
An overnight drone strike caused a fire at Russia’s Baltic port of Ust-Luga, the latest attack targeting Russian energy infrastructure in the Ukraine war. The incident raises near-term supply and logistics disruption risk for Russian energy exports, adding geopolitical risk premium to oil and related commodities.
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