The economic equation surrounding the Strait of Hormuz/ Who is winning and who is losing from the blockade?
The economic equation surrounding the closure of the Strai...

A fire broke out at an oil tank in Novorossiysk, on the Black Sea in southern Russia, after a Ukrainian drone attack.
"The fall of the drone debris caused a fire in an oil tank. Several technical and administrative buildings were engulfed in flames. The drone debris also fell on the site of the oil terminal," Mayor Andrey Kravchenko wrote in a post on Telegram.
The attack left two people injured, while rescue teams and members of special services were at the scene.
The Novorossiysk oil terminal, where a series of pipelines from oil fields in southern Russia and the Caspian Sea terminate, is one of Russia's main hydrocarbon export points.
The economic equation surrounding the closure of the Strai...
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