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02.05.26 - 17:54
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UAE Departs OPEC as Iran Feel Economic Sting of Blockade (Bloomberg)
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Exxon Mobil Corp. and Chevron Corp. posted stronger-than-expected earnings for the first quarter as higher oil and natural gas prices outweighed production outages from the Iran war. Bloomberg Opinion Energy and Commodities Columnist joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss. (Source: Bloomberg)...
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02.05.26 - 16:48
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Russian Black Sea Town Plunged Into Environmental Catastrophe After 4th Drone Strike On Oil Complex (ZeroHedge)
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Russian Black Sea Town Plunged Into Environmental Catastrophe After 4th Drone Strike On Oil Complex
Russia's Tuapse on the Black Sea can't catch a break as it has been hit by Ukrainian drones for the fourth time within only a month, after a series of devastating attacks in April which unleashed large fires.
On Friday another fire broke out at a marine terminal in Tuapse after this latest Ukrainian drone strike, regional emergency officials have confirmed. Over 100 fire-fighting personnel are battling the blaze.
Tuapse has already been under a state of emergency for several days, when a Ukrainian drone strike triggered a massive refinery fire, forcing evacuations and spilling oil into coastal waters.
2026 Vantor/NBC via Getty Images
That prior fire was only extinguished Thursday, and only 24 hours later the next drone strike hit. The town there has already been facing environmental disaster, with even black rain reported due to the constant thick black smoke hanging high above.
Russia's con...
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