Ukraine’s Drones Threaten Russian Oil Industry With Refinery Strikes

Ukraine’s Drones Threaten Russian Oil Industry With Refinery Strikes

Ukraine’s fight against Russia’s invasion has entered a new phase, pitting homegrown drone technology against a 2,000 kilometer (1,200 mile) swathe of largely Soviet-era oil facilities. At least nine major refineries have been successfully attacked this year, currently taking offline 11% of the country’s total capacity by some estimates. As the conflict at the front … Read more

Russia’s Ryazan Oil Refinery on Fire After Drone Attack

Russia’s Ryazan Oil Refinery on Fire After Drone Attack

Fire erupted at Rosneft PJSC’s largest oil refinery after a drone strike, as Ukraine unleashed fresh attacks on Russia that President Vladimir Putin claimed were part of attempts to disrupt this week’s presidential election. “The Ryazan refinery was hit by a drone. The impact started a fire,” Ryazan regional Governor Pavel Malkov said Wednesday on … Read more

Ukraine Allies Line Up Funds for 800,000 Artillery Shells

Ukraine Allies Line Up Funds for 800,000 Artillery Shells

Ukraine’s allies have lined up nearly all the funding required for a Czech-led initiative to purchase hundreds of thousands of artillery rounds, according to a government official familiar with the arrangements. The commitments mean that the shells could be delivered to Ukraine in a matter of weeks, according to separate people, who spoke on the … Read more

Why Taylor Swift AI-Generated Deepfake Images Raise Wider Worries

Why Taylor Swift AI-Generated Deepfake Images Raise Wider Worries

The world is awash in deepfakes — video, audio or images that make people appear to do or say things they didn’t, or be somewhere they weren’t. Many are devised to give credibility to falsehoods and damage the reputations of politicians and other people in the public eye. But most deepfakes are explicit videos and … Read more

Stock Markets Today: Stocks vs bonds, Ukraine revamp, Oil rally, China property

Stock Markets Today: Stocks vs bonds, Ukraine revamp, Oil rally, China property

Good morning. Stocks vs bonds, an overhaul in Ukraine’s defense ministry and oil extends its rally. Here’s what people are talking about. This year’s US stock market rally is strong enough to withstand another leg higher for bond yields, according to the latest Markets Live Pulse survey. With the soft-landing narrative for the world’s biggest … Read more