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Ukraine Strikes Russian Energy Hubs with Missiles and Drones

A n artilleryman of the 44th Separate Artillery Brigade, named after Hetman Danylo Apostol, of the Armed Forces of Ukraine, carries a cartridge as he prepares to fire a M777 Howitzer towards Russian troops. On December 25, 2025 , Ukraine launched a coordinated assault on Russian energy infrastructure, deploying Storm Shadow cruise missiles alongside long-range drones . According to the Ukrainian General Staff, the strikes hit the Novoshakhtinsk oil refinery in Russia’s Rostov region, one of southern Russia’s largest suppliers of diesel and jet fuel for the military. Multiple explosions were reported, and the facility was forced offline. In addition to the refinery, Ukraine’s Security Service (SBU) confirmed drone attacks on facilities in Temryuk and Orenburg . Fuel tanks in Temryuk caught fire, while a gas processing plant in Orenburg was shut down, further disrupting Russia’s energy output. Ukrainian officials stated that these operations are designed to undermine Russia’s milit...
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Market Jitters: S&P 500 Futures Signal Bear Market Amid Economic Concerns

                                            

U.S. stock futures took a hit in premarket trading, with the S&P 500 edging closer to bear market territory. Investors are reacting to heightened economic uncertainty, including the impact of recent tariff policies and global market volatility. Futures tied to the S&P 500 have dropped over 20% from their peak, a key indicator of a bear market. The tech-heavy Nasdaq has already entered this territory, while the Dow Jones Industrial Average is also facing significant declines.

Market analysts point to a combination of factors, including fears of a potential recession and inflationary pressures, as driving the sell-off. The CBOE Volatility Index, often referred to as Wall Street's "fear gauge," has surged, reflecting the growing unease among investors. As the trading session unfolds, all eyes will be on how these developments shape the broader economic outlook.

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