Drone Attack On Russia's Tuapse Oil Refinery Unleashes Fire So Large It Can Be Seen From Space

Russia's Key Novorossiysk Export Hub Again Pounded In Large Ukrainian Drone Wave Iran is understandably dominating global headlines, but major events are still happening in oh yeah that other war which has been raging for four plus years in eastern Europe. Like with the Iran conflict theatre, major geopolitical repercussions impacting energy oil prices are coming out of the Ukraine war. An overnight Monday large-scale drone wave from Ukraine has severely damaged Russia's Black Sea port of Novorossiysk. Image: stock.adobe Ukraine's General Staff has described that the facility supplies Russian forces engaged in the war, after reports have...

Here's What Happened Inside Gas Stations When Gas Hit $4 In Goldman's first-quarter "Nicotine Nuggets" survey of retailers and wholesalers covering roughly 44,000 U.S. stores, or about 28% of all tobacco outlets nationwide, analysts observed that once the national average for regular 87-octane gasoline hit the politically sensitive $4-a-gallon level, the squeeze on consumers began to emerge. One of the clearest signs of stress was a downshift in purchases as budget-conscious consumers started pulling back on tobacco purchases or, in some cases, trading down.  "The outlook remains cautious but retailers &...

President Donald Trump warned Americans that gas prices may continue to increase through the midterm elections later this year. The war against Iran has caused substantial disruptions to the oil market.  When asked about the possibility that gas prices will continue to increase, the President said, “It could be, or the same, or maybe a […]