Europe

Ukrainian strikes ignite fires at oil facilities in Russia and Crimea

Ukraine's overnight drone strikes ignited fires at oil depots in Russia's Krasnodar and Rostov regions and in occupied Crimea, officials said. Moscow temporarily suspended refinery throughput as pressure on Russia's export-payments regime intensifies.

Overcast, dim morning over a Krasnodar port area.
Overcast, dim morning over a Krasnodar port area.Photo: Елена Плыгач / Pexels
Euronews2 h agoBP SHEL

Ukraine's general staff confirmed that the overnight strikes targeted oil storage and refinery sites in southern Russia and occupied Crimea. Krasnodar Governor Veniamin Kondratyev said "multiple fires" had broken out at depots near Tuapse. Rostov Governor Yuriy Slyusar reported an explosion at a storage tank near Novocherkassk.

A source close to Russia's energy ministry said throughput at the Tuapse refinery, which can process 240,000 barrels a day, had been temporarily suspended. Urals crude traded near $64 a barrel through the day, widening its discount to Brent. European energy companies are monitoring flow continuity, particularly through the Black Sea corridor.

Ukraine's presidential office described the strikes as "part of a legitimate military effort targeting the Russian war economy". Kremlin spokesperson Dmitry Peskov called them "terror against civilian infrastructure". NATO Secretary-General Mark Rutte said the alliance was "reviewing further air-defence support" for Kyiv. This is not investment advice.

Source: Euronews
This article is an AI-curated summary of the original story published by Euronews. The illustration is a stock photo by Елена Плыгач from Pexels and is not from the original story.

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