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- 1Russia intensifies strikes on Ukraine as top steelmaker halts●Russia scales up strikes on Ukraine as largest steelmaker halts operations
Russia has escalated its missile and drone strikes across Ukraine while Metinvest, the country's largest steelmaker, has halted operations at a key facility following damage from attacks. The twin developments underline mounting pressure on Ukraine's energy and industrial infrastructure as the war grinds on, drawing international concern and renewed calls for air defense support.
- 2Oil Price Fears Rise Over Strait of Hormuz Tensions●⚡ NEWS Oil Price Volatility and Inflation Risks Amid Hormuz Tensions Energy experts warn that disruptions in the Strait
Energy experts are warning that disruptions to shipping lanes in the Strait of Hormuz could send oil prices surging, potentially reigniting global inflation. The concerns centre on energy security, with the strait a critical artery for global oil shipments. Commentators are weighing how renewed tensions there could ripple through fuel costs and wider price stability worldwide.