We know what’s coming and we are prepared.
⚡️🇷🇺🇺🇦⚔️ Front #Summary for 12 Dec 2023 by 19:04⚡️
🔹In #Kherson Direction, it is reported from the field that our military have significantly strengthened their control over the piers and approaches to our coast. Our forces are striking boats carrying reserves and supplies to the AFU. Their numbers in #Krynki are inevitably decreasing. Localised daily battles at parity of forces also continue on the islands.
🔹In #Zaporozhye Direction, heavy rain and wind interfere with the work of artillery and drones. So there is relative calm at the front. Only at the #Verbovoye - #Novofyodorovka line our military repelled attacks by small AFU groups.
🔹In #SouthDonetsk Direction, our forces are gradually moving the front in the area of #Novomikhaylovka.
▪️ In #Maryinka, ours have advanced a little further near the #Maryinka Water Reservoir. However, the AFU presence in a small area in the northern part of the town remains.
🔹In #Donetsk Direction, on the southern #Avdeyevka flank, our units were able to enter the territory of the city itself north of the #Vinogradniki Gardening Community. It is still too early to say that we have managed to gain a foothold. Fierce fighting continues in the area of Kolosova Street. In the large settlement of #Pervomayskoye, our artillery continues to work heavily on the AFU positions. Ours are clearing the way for ground attacks from the west. On the northern flank without significant changes today. Combat work to squeeze the AFU in #Stepovoye, towards #Novokalinovo and #Ocheretino continues. In #Gorlovka, the AFU today attempted to advance north of the town. Our army repulsed the attack, and the enemy withdrew to its initial positions.
🔹In #Bakhmut Direction, on northern flank of the city, our army continues to advance near #Bogdanovka and north of #Khromovo (#Artyomovskoye). So far, we have not been able to recapture the positions near #Grigorovka yet, fighting is ongoing. North of #Soledar at #Vesyoloye, ours are moving more actively, fighting is going on. Judging by the progress, ours are planning to encircle the village. Southwest of #Bakhmut, our army is advancing in the area of #Krasnoye towards Chasov Yar. This is one of the AFU key locations in the entire direction.
🔹In #Svatovo Direction, fighting continues in the area of #Sinkovka, which can fairly be called counter fighting. So far, the Russian army has made no significant advances here. The fighting in the area of #Kupyansk direction has practically quietened down due to the weather.
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🇺🇸 #Oklahoma high school principal (Kirk Moore) seen charging at and disarming a school shooter.
The suspect, identified as 20-year-old Victor Hawkins, was a former student who said he wanted to shoot up the school “like the Columbine shooters did.” While taking down the shooter, Moore was shot in the leg. He is expected to recover.
When the Principal woke up that day, he never thought he would be tackling a gunman.
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🇨🇳🛢 How much strategic oil does the world actually have in reserve?
Global strategic crude oil inventories stood at ~2.5 BILLION barrels as of December 2025, according to the US Energy Information Administration.
China holds by far the largest stockpile at 1,397 million barrels, more than 3 times the US Strategic Petroleum Reserve of 413 million barrels, which itself sits at only 58% of its full storage capacity of 714 million barrels.
China added an average of 1.1 million barrels per day to its strategic inventories throughout 2025, with preliminary data suggesting it continued building stockpiles in early 2026 ahead of the Iran War.
Japan holds the 3rd-largest reserve at 263 million barrels, followed by OECD European countries at 179 million barrels.
Meanwhile, the US is releasing 172 million barrels from its Strategic Petroleum Reserve to suppress oil prices, part of a broader 400 million barrel coordinated release agreed by 32 IEA member nations in March.
🔗 ...
🛢 JP Morgan Warns Oil Market Out of Balance, Prices Must Rise
🔸The closure of the Strait of Hormuz, through which roughly 20% of the world’s oil flows, has removed 13.7 million barrels per day from global supply in April alone. A JP Morgan research note warns the market has no good way to replace it.
🔸Normally, spare production capacity in Saudi Arabia and the UAE acts as the market’s shock absorber. But that buffer has effectively been removed, eliminating the system’s first line of defense.
🔸With spare capacity unavailable, markets turned to inventories
➤ Global stockpiles are now being drained at ~7.1 mbd in April, an extraordinary pace, according to the note.
🔸Meanwhile, demand is collapsing because supply simply isn’t reaching users — “forced demand destruction.”The hardest hit sectors include:
▪️ Petrochemical plants across Asia are shutting down or slashing output as LPG, ethane, and naphtha flows from the Gulf collapse
▪️ Airline jet fuel ...
🛢⛽️ Global oil inventories are heading toward RECORD LOWS:
Global visible oil inventories have fallen -255 million barrels since the start of the conflict on February 27, to 7,864 million barrels.
Total estimated oil draws, including non-OECD refined products storage, have accelerated to 10.9 million barrels per day in April, the largest monthly draws on record since 2017.
Cumulative estimated draws since the start of the war now stand at 474 million barrels, with Hormuz flows holding at ~10% of normal, or 2.0 million barrels per day.
Meanwhile, even in an optimistic scenario where Strait of Hormuz flows begin recovering by late April, it is unlikely to prevent global visible inventories from reaching all-time lows, according to Goldman Sachs.
As inventories keep falling, physical oil markets are likely to require sharply higher prices for immediate delivery, since buyers cannot wait months for cheaper futures delivery when stocks are running critically low.
Goldman also warns...
