RUSSIA'S NOVAK: UKRAINE ATTACKED RUSSIAN REFINERY OVERNIGHT

Russian Deputy Prime Minister Alexander Novak stated that Ukraine attacked a Russian refinery overnight, according to the headline. The transmission mechanism runs primarily through refined product supply: damage to refining capacity tightens domestic fuel availability and can push up gasoline and diesel crack spreads, with knock-on effects for crude demand at the affected plant. Russian domestic fuel markets and Russian-linked energy exporters carry the most direct exposure, while Ukrainian assets are priced on the risk premium and reconstruction-funding outlook rather than on production flows. Traders should watch Russia's weekly refinery throughput and gasoline export restriction announcements from the government, as any extension of export curbs would redirect product flows and reinforce price pressure in global diesel markets.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.