October 16 Changes the Microchip Game - and Investing

George Gilder-dubbed "America's #1 Futurist"-says while everyone's chasing AI, the real opportunity is in a 4-nanometer tech millions of times more complex. It's not another chip - it replaces them. Now built in Arizona, Gilder says 3 companies tied to this "super-convergence" could soar.

Ukrainian drone attacks on oil refineries have some Russian regions running on empty

KATIE MARIE DAVIES
August 27, 2025

Gas stations have run dry in some regions of Russia after Ukrainian drones struck refineries and other oil infrastructure in recent weeks, with motorists waiting in long lines and officials resorting to rationing or cutting off sales altogether.

Wholesale prices on the St. Petersburg International Mercantile Exchange for A-95 gas -- the highest octane -- spiked to record highs last week, soaring to about 50% higher than in January, as demand soared from farmers seeking to bring in the harvest and Russians hitting the roads for their last big vacation of the summer.

Russian media outlets reported fuel shortages are hitting consumers in several regions in the Far East and on the Crimean Peninsula, which was illegally annexed from Ukraine by Moscow in 2014.

Media outlets in the Primorye region, which borders North Korea, reported long lines and prices of about 78 rubles per liter (approximately $3.58 per gallon) at gas stations in the area, where the average monthly wage is about $1,200. Journalists at local news outlet Primpress found other drivers trying to sell gas online for as much as 220 rubles per liter (about $10.12 per gallon).

In the Kurilsky district of the Kuril Islands north of Japan, shortages of lower octane A-92 gas forced officials to halt public sales outright Monday. In Crimea, a popular resort area, some companies sold fuel only to holders of coupons or special cards.

Normal price increases are aggravated this year

Russia is no stranger to gasoline price increases at the end of summer. But this year's shortages have been aggravated by Ukraine's attacks on oil refineries in the 3 1/2-year-old war. Larger, more concentrated attacks are causing more damage and hampering production, all timed to coincide with peak demand.

Ukraine has targeted energy infrastructure before, but the recent strikes have been more successful, with more drones targeting a more concentrated group of facilities.

"The Ukrainians are attacking an arc of refineries, starting from Ryazan, which is south of Moscow, all the way to Volgograd. That region is where people are driving through on their way to (resorts on) the Black Sea. That's the region where most of the harvest operations are going on. And that's also a rather densely populated region," Sergey Vakulenko, a senior fellow at the Carnegie Russia Eurasia Center, told The Associated Press.

Between Aug. 2 and Aug. 24, Ukraine attacked oil infrastructure at least 12 times, according to media reports. Of those attacks, at least 10 were targeting sites in the Ryazan-Volgograd arc in southwestern Russia.

These attacks have damaged many oil refineries but have not destroyed them outright, Vakulenko said, adding that most of the facilities are extremely resilient against fires.

But they can slow refinery activity, as shown by a fall in the intake of crude oil to be turned into diesel, gasoline or other products by roughly 200,000 to 250,000 barrels per day, said Gary Peach, oil markets analyst at Energy Intelligence.

"That's just enough to make their gasoline industry feel some pain, especially during the high consumption months in the summer," he told AP. Gasoline production fell 8.6% in the first 19 days of August, compared with a year earlier, and diesel production was down 10.3%.

Other war-related issues have caused even more consumer pain. Ukrainian drone strikes repeatedly have disrupted Russian transportation networks, particularly air traffic, causing more people to travel by car and increasing demand for gas, Vakulenko said.

Inflation also has made it less profitable for suppliers who normally buy gasoline early in the year for sale in the higher-priced summer months, and many entrepreneurs simply decided not to bother this year, he said.

Individually, none of these problems caused lasting or widespread disruption in Russia. But together, they have transformed an expected annual price fluctuation into a problem for the government.

To try to ease the shortage, Russia on July 28 paused gasoline exports, with the Energy Ministry hoping to continue restrictions into September. Oil company managers have been summoned to government meetings twice this month to discuss the shortages, Russian media reported.

Moscow is largely spared from shortages

While officials appear to be concerned, the gasoline shortfall "isn't system critical," Peach said.

So far, the shortage remains confined to certain areas -- the Far East and Crimea -- because these regions usually are supplied by fewer refineries and present greater transportation demands.

Moscow has been spared the latest gasoline price spike because it is well-supplied from major refineries in Yaroslavl and Nizhny Novgorod, cities a few hours' drive away. The capital also has a refinery in the city itself.

Yet Russia is not at immediate risk of grinding to a halt -- even in more vulnerable regions, experts say. Although private drivers may feel some pain at the gas pump, most buses and trucks run on diesel, which Russia has a surplus of. The military, which largely uses diesel fuel, also is insulated from any shocks.

Vakulenko wrote in a recent commentary that annual diesel production is "more than double than what is needed."

That doesn't mean the situation still couldn't deteriorate. Refineries that make gasoline for Russia's domestic market also make diesel and other products for export -- a vital source of income amid heavy Western sanctions.

Industry observers say Ukraine's drones target key refinery equipment, including the distillation column that separates incoming crude oil into other products, including gasoline, diesel, fuel for ships and asphalt. If damaged, it must be repaired or replaced for the refinery to function. Repairs could be difficult if foreign parts are needed.

The gasoline crisis is expected to ease by late September as demand subsides and the annual summer maintenance for many refineries is finished.

Still, the crisis highlights a vulnerability on the home front that has the potential to be exploited further as drone warfare evolves.

___

David McHugh in Frankfurt, Germany, and Joanna Kozlowska in London contributed to this report.

Continue Reading...

Popular

California crew arrested for hundreds of Home Depot thefts worth $10M, police say

VENTURA COUNTY, Calif. (AP) — Southern California authorities say they uncovered a criminal ring that stole $10 million in merchandise from Home Depot over several years, including 600 thefts this year alone, which the company calls the largest organized retail theft in its history.

This Gold Miner's Next Move Could Be a Game-Changer - Ad

A small-cap Nevada gold miner is already producing and has expansion in sight-backed by an onsite refinery and a $6 billion gold asset it's just starting to tap. But that's not all. One of gold's most legendary investors recently doubled his stake in the company. He's not alone. And if the expansion hits, this could be the moment retail investors wish they had watched more closely.

Kevin O'Leary Recalls How Cutting Off His Son's Trust Fund Drove Him To Harvard: 'The Dead Bird Under The Nest Never Learns To Fly'

Kevin O'Leary revealed that cutting off his son's trust fund after high school and insisting on self-reliance motivated him to earn a spot at Harvard, emphasizing that entitlement ruins ambition.

XRP Slips Below $3 But It Will Outperform ETH From Here, Trader Touts

XRP (CRYPTO: XRP) is expected to outperform Ethereum (CRYPTO: ETH) in the upcoming months, according to market commentators bullish on the token’s futur

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as October 23rd.

Unusual Machines Seen As Key Winner From America's Push To Cut China Out Of Drone Supply Chain

Unusual Machines (UMAC) is positioned to benefit from the US shift away from Chinese parts as demand for drones increases in the next 2 years.

Sunrun (RUN) Stock Soars As Wells Fargo Nearly Doubles Price Target

Sunrun shares are surging Friday afternoon. Wells Fargo analyst Michael Blum reiterated an Overweight rating on Sunrun.

Will Your Savings Survive the August 31st Debt Ceiling Crisis? - Ad

On Aug 31, the U.S. runs out of "extraordinary measures" to avoid default. Insiders are moving into crisis-proof assets-while everyday Americans risk losing big. The FREE Mar-A-Lago Accord reveals where they're hiding wealth, how the Fed's response could crush the dollar, and 3 urgent moves to make now.

Does Paris have too many tourists? A European crisis comes to Montmartre

PARIS (AP) — When Olivier Baroin moved into an apartment in Montmartre about 15 years ago, it felt like he was living in a village in the heart of Paris. Not anymore.

What's inside Elon's building in Memphis will shock you - Ad

Inside Elon Musk's Memphis site lies a supercomputer built to power the world's first superhuman AI. It could make Elon a trillionaire - and new millionaires, too. With just $500, you could get in before the September 1st funding window closes.

Why Are Famous Billionaires Buying This Gold Miner? - Ad

Gold legends-Eric Sprott, Goldcorp founder Rob McEwen, and Kinross founder Bob Buchan-each own a sizable stake in a small Nevada gold miner. Why? Because it's already producing gold, has major infrastructure in place, and sits in one of the world's top gold mining regions. When billionaires get in early, there's a reason.

Ukraine's $150 Billion Commitment To Buy US Weapons Could Hand RTX, Lockheed And Northrop Billions

Ukraine is reportedly promising to buy $100 billion worth of American weapons, financed by Europe, in return for a security guarantee by the U.S.

Today's Top Gold Stock Trading Around 50 Cents? - Ad

The founders of Kinross, Goldcorp, and Kirkland Lake have bought into a low-priced Nevada miner that's already pouring gold. The operation is active, the infrastructure's in place and yet the market hasn't caught on. It has a startup-price, but it's probably not long before word gets out about the legends who are baking this company.

Bitcoin Will Correct Further In September, Analyst Maintains

Prominent crypto analyst Benjamin Cowen has emphasized his expectation of a September pullback for Bitcoin (CRYPTO: BTC), highlighting critical support levels to watch.

Democrats ask Trump to resume a major offshore wind project near Rhode Island

A nearly complete wind farm off the coast of Rhode Island and Connecticut faces an uncertain future as the states' Democratic governors, members of Congress and union workers are calling Monday for the Trump administration to let construction resume.

Wall Street Says BUY GOLD, But... - Ad

While markets wobble, gold keeps smashing records-and banks say it's just beginning. Goldman urges "buy gold" to hedge trade wars; JPMorgan plans $6,000 an ounce and just took delivery of $4 billion in bullion. Yet past bull runs saw 13x-1,000x bigger gains without buying more gold.

Cathie Wood's Thursday Bet: ARK Just Bought $31 Million Worth Of Falling Deere Stock, Also Loads Up On Block, Robinhood Shares

Ark Invest, led by Cathie Wood, made significant trades on Thursday — focusing on Deere & Co. (NYSE:DE), Block Inc. (NYSE:XYZ) and Robinhood Markets Inc. (NASDAQ:

Mexico and Guatemala presidents meet face-to-face for the first time to talk key regional projects

GUATEMALA CITY (AP) — From mounting cartel violence, border security and a mega project to extend a controversial train line across their borders, the presidents of Mexico and Guatemala talked common goals and concerns in their first face-to-face meeting on Friday.

Gold Is Being Reintroduced Into the Monetary System - Ad

While the media focuses on political scandals, inflation and coming up with ridiculous acronyms "TACO"... Smart money is tracking a far bigger shift: a gold revaluation is quietly underway. Garrett Goggin, CFA, says this could trigger 100X moves in select miners - and he's identified four with the biggest upside.

nCino Q2 FY2025 Earnings Call Transcript

Here's the transcript of the nCino Q2 earnings call.

Trump Says Discrimination Against American Tech Giants 'Must End' Now: Warns China And EU, 'Show Respect…Or Consider The Consequences'

The Trump administration is considering unprecedented visa sanctions on EU officials over the Digital Services Act, escalating U.S.-EU tensions with accusations that the law unfairly targets American tech companies and restricts free speech.

How 433 Investors Unlocked 400X Return Potential - Ad

VCs back startups for outsized gains. Regular investors wait. But rule changes fixed that. Take Revolut. In 2016, 433 people averaged a $2,370 stake. Today? It's worth $1M+, up 89,900%. No wonder 10K+ people and the VCs behind Uber and eBay took the chance on Pacaso's $1.3T market disruption.

Deal to restructure Puerto Rico power company debt crumbles as some bondholders walk away

SAN JUAN, Puerto Rico (AP) — A plan to restructure more than $9 billion in debt held by hit a big snag this week after a group of bondholders terminated their deal with a federal control board overseeing the U.S. territory’s finances.

October 16 Changes the Microchip Game - and Investing - Ad

George Gilder-dubbed "America's #1 Futurist"-says while everyone's chasing AI, the real opportunity is in a 4-nanometer tech millions of times more complex. It's not another chip - it replaces them. Now built in Arizona, Gilder says 3 companies tied to this "super-convergence" could soar.

Trump admin cancels $679 million for offshore wind projects as attacks on reeling industry continue

WASHINGTON (AP) — The Transportation Department on Friday canceled $679 million in federal funding for a dozen offshore wind projects, the latest attack by the Trump administration on the reeling U.S. offshore wind industry.

Trump's $11 Billion Intel Investment Doesn't Guarantee Tech Gain But Prevents Valuation 'Pain,' Says Leading Analyst

Ming-Chi Kuo says Trump's $11 billion Intel stake is a strategic vote of confidence that raises the chipmaker's valuation floor but won't solve its advanced chip manufacturing delays or intensifying competition.

This Gold Miner's Next Move Could Be a Game-Changer - Ad

A small-cap Nevada gold miner is already producing and has expansion in sight-backed by an onsite refinery and a $6 billion gold asset it's just starting to tap. But that's not all. One of gold's most legendary investors recently doubled his stake in the company. He's not alone. And if the expansion hits, this could be the moment retail investors wish they had watched more closely.

Cracker Barrel relents, says its old logo will return

Cracker Barrel said late Tuesday it's returning to its old logo after critics — including President Donald Trump — protested the company's plan to modernize.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as October 23rd.

What to know about visas for foreign truckers and the politics of a deadly Florida crash

Secretary of State Marco Rubio that the U.S. will pause issuing work visas to some foreign truck drivers, warning darkly that they are “endangering American lives and undercutting the livelihoods of American truckers.”

Vontier Seen Riding IoT Boom And Recurring Revenue Growth To Stronger Earnings, Analyst Says

KeyBanc's Katie Fleischer bullish on Vontier(NYSE: VNT), expects growth in IoT, recurring revenue and margin expansion. Overweight rating, PT $50.

Will Your Savings Survive the August 31st Debt Ceiling Crisis? - Ad

On Aug 31, the U.S. runs out of "extraordinary measures" to avoid default. Insiders are moving into crisis-proof assets-while everyday Americans risk losing big. The FREE Mar-A-Lago Accord reveals where they're hiding wealth, how the Fed's response could crush the dollar, and 3 urgent moves to make now.

New Jersey Man Reportedly Dies Attempting To Meet A Meta AI Called 'Big Sis Billie'

A 76-year-old New Jersey man died after attempting to meet Meta's AI chatbot "Big Sis Billie," highlighting growing concerns over AI safety, vulnerable users, and regulatory oversight.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright priceactionea.net
Privacy Policy | Terms of Service