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Market news: Sources say that Russia’s Perm oil refinery has halted processing following a drone attack on August 21.

2026-08-24

Market news: Sources say that Russia’s Perm oil refinery has halted processing following a drone attack on August 21.

Other News
2026-08-24

A suspected attack on a Saudi tanker is not yet sufficient to force a major oil-price jump: crew reported safe, no pollution reported, attacker unconfirmed and there is no evidence Yanbu port loading has been halted. If the incident is later confirme

A suspected attack on a Saudi tanker is not yet sufficient to force a major oil-price jump: crew reported safe, no pollution reported, attacker unconfirmed and there is no evidence Yanbu port loading has been halted. If the incident is later confirmed as a Houthi strike and is followed by repeated attacks on the Yanbu route or tankers, the impact would amplify because the market’s core risk is whether Saudi can reliably export crude via the Red Sea. Sustained disruption to Yanbu shipping could constrain Saudi Red Sea exports, reduce global availability crude, prompt Asian buyers to seek alternative supplies, raise tanker freight and insurance costs, and lift the Brent risk premium. If the event remains a one-off without port or loading interruption, effects will likely be limited to shipping insurance and a short-term risk premium. Key indicators to watch: Yanbu crude loadings, whether Saudi continues to deploy tankers on Red Sea routes, and whether subsequent ships are attacked north or west of Yanbu.
2026-08-24

China's Sci‑Tech Innovation Board 50 (STAR 50) index extended losses to 2%, with constituents Shengke Communications‑U, Cambricon and China's CPU maker Haiguang each down more than 5%.

China's Sci‑Tech Innovation Board 50 (STAR 50) index extended losses to 2%, with constituents Shengke Communications‑U, Cambricon and China's CPU maker Haiguang each down more than 5%.
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