Skip to main content

Featured

Ukraine’s Neptune Missiles Strike Novorossiysk Port, Damaging Key Russian Infrastructure

  Ukraine's President Volodymyr Zelenskiy awards a Ukrainian serviceman while he visits a command position of the 65th Separate Mechanized Brigade 'Velykyi Luh' at a front line, amid Russia's attack on Ukraine, in Zaporizhzhia region, Ukraine November 13, 2025. Ukrainian forces carried out a significant overnight strike on Russia’s Black Sea port of Novorossiysk , using domestically produced Neptune cruise missiles . The attack, which took place on the night of November 13–14, 2025 , targeted strategic military and energy facilities in the port city of Krasnodar Krai. According to Ukraine’s General Staff, the strike damaged valuable port infrastructure , including the Sheskharis oil terminal , a launcher from Russia’s S-400 air defense system , and a missile storage site. The latter reportedly detonated, causing fires across the port area. Video footage and reports confirmed that drones accompanied the missile barrage, amplifying the destruction. President Volodymyr ...

article

Global Oil Markets Rattle as Tariff Tensions Spark Price Drop



Oil prices plunged to their lowest level in five months after U.S. President Donald Trump threatened to sharply increase tariffs on Chinese imports. The announcement reignited fears of a prolonged trade war, sending shockwaves through global markets.

On Friday, West Texas Intermediate crude fell more than 4% to close at $58.90 per barrel, while Brent crude dropped nearly 4% to $62.73. Western Canada Select also slid about 3%, reflecting the broader downturn in energy markets. Analysts say the tariff threats have raised concerns about weakening global demand for oil, compounding pressure from rising OPEC production and geopolitical uncertainties.

The selloff extended beyond energy, with global stock markets also retreating as investors shifted to a risk-off stance. While lower oil prices could ease costs for consumers, the decline poses challenges for producers already navigating volatile market conditions.

For now, the energy sector faces renewed turbulence, with trade policy once again proving to be a powerful driver of global commodity prices.


Comments