Oil prices rose over $1 a barrel on Tuesday due to Ukrainian drone attacks on Russian ports and refineries, with Brent crude settling at $68.47 and WTI crude at $64.52. Transneft warned of potential output cuts, while Goldman Sachs estimated 300,000 bpd of Russian refining capacity affected in August. U.S. diesel futures surged 2.5%. Analysts are watching the Federal Reserve’s upcoming interest rate decision and anticipating U.S. crude inventory declines.

Read more at Yahoo Finance: Oil settles over 1% higher as Ukraine drone attacks target Russian supply