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Russia Bans Diesel Exports, Assuring Even Higher Prices
Russia Bans Diesel Exports, Assuring Even Higher Prices
As was widely speculated in recent days, Russia banned exports of diesel in order to avoid domestic shortages after a flurry of attacks by Ukrainian drones on the nation’s refineries.
“Today we introduced ban on exports of diesel,” Deputy Prime Minister Alexander Novak said at the government’s meeting with President Vladimir Putin.
The decision will further squeeze global fuel markets, which are already under pressure due to the supply disruption caused by the Iran war. Russia's decision means that the recent surge in the...
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Mar 17, 2026 / Tyler Durden
Futures Rebound From Overnight Selling To Trade At Session Highs Amid Constant Iran Newsflow
Futures Rebound From Overnight Selling To Trade At Session Highs Amid Constant Iran Newsflow
Stock futures have reversed overnight losses and traded at session high, just above the flatline, despite diesel topping $5 a gallon - the highest since 2022 - with Iran expanding attacks on energy infrastructure around the Middle East and Israel targeting military / security leadership, reportedly killing Iran security chief Ali Larijani and the commander of Iran’s paramilitary Basij unit. As of 8:15am ET, S&P futures were up 0.1%, while Nasdaq futures were still red, with most big...
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Jun 5, 2026 / Tyler Durden
US Military Shoots Down Inbound Iranian Attack Drones Over Hormuz, Bombs Coastal Sites
US Military Shoots Down Inbound Iranian Attack Drones Over Hormuz, Bombs Coastal Sites
Summary:
The US reportedly military intercepted and shot down at least four Iranian one-way attack drones
CENTCOM says coastal radar and missile sites bombed in retaliation.
Iran Military Fires "Warning Missiles" At US Destroyers In Gulf of Oman; U.S. CENTCOM Denies Report
Iran FM Warns American Bases Are Legitimate Targets, Cites 'No Tangible Progress' In Talks
Polymarket
US x Iran permanent peace deal by June 30, 2026?
Yes 25% · No 76%View full market & trade on Polymarket
Strait of Hormuz traffic returns to normal by...
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Jul 6, 2026 / Tyler Durden
Russia & Ukraine Trade Some Of Biggest Strikes Of War On Eve Of NATO Summit
Russia & Ukraine Trade Some Of Biggest Strikes Of War On Eve Of NATO Summit
Russia has unleashed another massive drone and missile attack wave on Ukraine's capital, just on the eve of the major annual NATO summit, which is in Ankara, Turkey this week.
Over a dozen people were killed, with heavy damage against residential structures observed. The death toll could rise, but "In total, 14 people have died and 117 have been injured in Kyiv," the office of the attorney general said on Monday morning. Rescue crews have been...
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