Russian Drones Hit Chinese Vessel Near Odessa Ahead of Putin-Xi Meeting

Russian drone strikes targeted a Chinese ship near Odessa, escalating tensions just days before a scheduled meeting between President Putin and President Xi Jinping. This incident may impact risk appetite in global markets, particularly affecting assets tied to geopolitical stability and trade relations between Russia and China. The shipping and energy sectors could be most exposed, as disruptions in maritime routes may lead to increased costs and supply chain uncertainties. Traders will likely focus on the upcoming meeting between Putin and Xi, as any statements or agreements could influence market sentiment and bilateral relations.

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