Moscow under drone attack for third consecutive night, well, that’s certainly a headline that grabs your attention, doesn’t it? It seems the situation has escalated, or at the very least, become more frequent. The whole “special military operation” narrative, as some put it, is taking on a rather ironic hue when the capital city itself is under attack. The phrase “going according to plan” is certainly being tested, and it’s interesting to see how the narrative adjusts with these developments.
Moscow under drone attack for third consecutive night is generating a range of reactions, and it’s pretty clear people are feeling a whole lot of different things.… Continue reading
Ukraine’s refinery strikes trigger nationwide fuel collapse across Russia, and this is a situation that’s rapidly unfolding and seems to be having significant repercussions. The sustained drone campaign targeting Russian refineries appears to have caused a ripple effect, extending far beyond the immediate areas struck. The reports suggest at least ten regions, stretching from the front lines to major cities like Moscow and Saint Petersburg, are experiencing fuel shortages and disruptions.
This situation has forced the government’s hand in at least some areas, rationing supplies and, most noticeably, causing massive queues at gas stations. While official narratives try to downplay the crisis by attributing it to “seasonal demand issues,” the timing and severity of the problems point to a much more critical factor: the relentless strikes on Russia’s fuel infrastructure.… Continue reading
Russia is facing its worst fuel shortage in years, primarily due to Ukrainian drone strikes targeting oil refineries. These attacks have disabled approximately 17% of Russia’s oil refining capacity since August, leading to a significant daily loss of gasoline and diesel production. The crisis is expected to persist at least through the winter, exacerbated by scheduled maintenance and high interest rates hindering fuel supply for smaller gas stations. To address the issue, authorities have implemented short-term measures like export bans, as well as systemic plans like refining oil in Belarus, though long-term solutions may require ending the war or reforming price regulations.
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Fueled by President Trump’s new tariffs and fears of a global trade war, technology stocks experienced a massive selloff, losing a combined $1.8 trillion in market value over two days. The “Magnificent Seven” megacaps were hardest hit, with Apple losing over $533 billion and Tesla dropping more than 10% on Friday alone. Broader technology sector losses were also significant, impacting companies like Nvidia, Amazon, and semiconductor manufacturers, causing the Nasdaq to suffer its worst week since March 2020. This downturn reflects widespread concern over the economic impact of escalating trade tensions.
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