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Dollar pulls ahead as markets focus on Trump policies, Fed outlook
  + stars: | 2024-11-21 | by ( ) www.cnbc.com   time to read: +4 min
After stalling for three sessions, the greenback was back on the march higher, with investors lifting the dollar index measure against its key rivals closer to a one-year high of 107.07 hit last week. The dollar has rallied more than 2% since the Nov. 5 U.S. presidential election on bets Trump's policies could reignite inflation and temper the Fed's future rate cuts. The dollar index held steady at 106.56, up from a one-week nadir hit in the previous session. "The Russia-Ukraine conflict is heating up, which is further denting sentiment towards the euro alongside the prospects of trade tariffs," another "bullish cue" for the dollar index given the euro's heavy weighting, City Index's Simpson said. The dollar gave up some gains against the yen, down 0.33% at 154.91 yen , although the Japanese currency remained under pressure.
Persons: Donald Trump's, Matt Simpson, CME's, Michelle Bowman, Lisa Cook, Index's Simpson, Kazuo Ueda, Sterling, bitcoin, Bitcoin Organizations: U.S, Federal Reserve, Wednesday, Storm, ATACMS, Bank of Japan, Bank of England's Locations: Europe, China, Russia, Ukraine, Paris
Oil prices firm as geopolitical tensions raise supply concerns
  + stars: | 2024-11-21 | by ( ) www.cnbc.com   time to read: +2 min
A pump jack at an oil lot connected to the Petroleos del Peru SA Talara refinery in Piura, Peru, on Wednesday, Dec. 13, 2023. Oil prices edged higher on Thursday due to supply concerns triggered by escalating geopolitical tensions amid the ongoing war between Russia and Ukraine. Gasoline inventories last week rose more than forecast, while distillate stockpiles posted a larger-than-expected draw. Adding to supply, Norway's Equinor said it had restored full output capacity at the Johan Sverdrup oilfield in the North Sea following a power outage. However, a slowdown in Chinese and global demand, coupled with rising output outside the group, have potentially thwarted this plan.
Persons: Norway's Equinor, Johan Sverdrup Organizations: del, del Peru SA Talara, Brent, . West Texas, Storm, ATACMS, Energy Information Administration, Organization of, Petroleum Locations: del Peru, Piura, Peru, Russia, Ukraine, Moscow, Kyiv, OPEC
Ukraine fired a number of British Storm Shadow cruise missiles into Russia’s Kursk region on Wednesday, a day after firing American long-range missiles into the country, according to Pentagon and Ukrainian officials. But President Biden last week authorized the first use of the American Army Tactical Missile Systems, known as ATACMS, deep inside Russia. American officials say the pivot was in response to Moscow’s surprise decision to bring North Korean troops into the fight. Prime Minister Keir Starmer of Britain quickly followed suit, authorizing Ukraine to use the Storm Shadows, officials said. Britain had previously allowed Ukraine to use the missiles against Russian positions within Ukrainian territory.
Persons: Biden, Keir Starmer Organizations: British Storm, Pentagon, American Army Tactical Missile Systems Locations: Ukraine, Kursk, Moscow, United States, Britain, Russia
NATO is planning for the mass transport of wounded troops in case of a war with Russia. NATO could use hospital trains and buses to move injured troops in such an event, a German general told Reuters. The general's comments come amid increasing tension between NATO and Russia. AdvertisementNATO is developing plans to manage the evacuation of large numbers of wounded troops in case of a war with Russia, a senior military officer told Reuters. Germany's defense minister, Boris Pistorius, said in an interview published in January that Russia could attack NATO within the next decade.
Persons: , General Alexander Sollfrank, Sollfrank, Vladimir Putin, Volodymyr Zelenskyy, Putin, Vyacheslav Volodin, Volodin, Boris Pistorius, Pistorius, Der Tagesspiegel Organizations: NATO, Reuters, Service, Command, British Storm Shadow, New York Times, Russia's Duma, Business Locations: Russia, Western, warzones, Afghanistan, Iraq, Russian, Moscow, United States
MOSCOW Reuters —President Vladimir Putin warned the West on Wednesday that Russia could use nuclear weapons if it was struck with conventional missiles, and that Moscow would consider any assault on it supported by a nuclear power to be a joint attack. The 71-year-old Kremlin chief, the primary decision-maker on Russia’s vast nuclear arsenal, said he wanted to underscore one key change in particular. Russia reserved the right to also use nuclear weapons if it or ally Belarus were the subject of aggression, including by conventional weapons, Putin said. Putin said the clarifications were carefully calibrated and commensurate with the modern military threats facing Russia – confirmation that the nuclear doctrine was changing. Russia’s current published nuclear doctrine, set out in a 2020 decree by Putin, says Russia may use nuclear weapons in case of a nuclear attack by an enemy or a conventional attack that threatens the existence of the state.
Persons: Vladimir Putin, Putin, ” Putin, Bill Burns, Volodymyr Zelensky, Kyiv’s, Zelensky, ” Andriy Yermak, Joe Biden, Donald Trump Organizations: MOSCOW Reuters, West, Russia’s Security, Kremlin, Russian Federation, Central Intelligence Agency, Cuban Missile, Ukraine, Republican Locations: MOSCOW, Russia, Moscow, United States, Britain, Ukraine, Belarus, Russian, NATO
CNN —Next week, an already very public debate over whether Ukraine should be allowed to use long-range Western-supplied missiles on Russian soil will come under an even brighter international spotlight. It was almost exactly a year ago, also during an in-person meeting with Zelensky in the United States, that Biden made the decision to supply the ATACMS to Ukraine. In both cases, Ukraine promised not to use them on Russian territory. Russia recently relocated planes from two bases near the border further east, according to one US official. To really bring mass (equipment), to get 10 to one artillery ratios on Ukraine at the frontline,” he told CNN.
Persons: Volodymyr Zelensky, Joe Biden, Biden, , Ben Wallace, Zelensky, “ Zelensky, Matthew Savill, “ He’s, Savill, it’s, George Barros, John Hamilton, “ You’ve, , Barros ’, Barros, ATACMS, , There’s, outlast Organizations: CNN, UN, Assembly, Franco, Shadow, Army Tactical Missile Systems, Zelensky, British Storm, NATO, Royal United Services Institute, Washington DC, Army Tactical Missile, White, Russia’s, Military, US ’ Ramstein Air Force Base Locations: Ukraine, New York, United States, Luhansk, Berdiansk, Russia, Poltava, , Kharkiv, London, Russian, Ukrainian, Washington, New Mexico, Rostov, Iranian FATH, Kursk, Germany
President Vladimir Putin has warned Russia would be “at war” with the United States and its allies if they lift restrictions on Ukraine's use of long-range Western weapons. “We are not talking about allowing or not allowing the Ukrainian regime to strike Russia with these weapons,” Putin said Thursday in comments to propagandist Pavel Zarubin. Stefan Rousseau / WPA Pool via Getty Images"This will mean that NATO countries, the U.S. and European countries are at war with Russia," Putin said. Putin added that the Ukrainian army does not have the ability to program long-range missiles or the satellite data necessary for their targeting, relying on NATO military personnel for those tasks. It’s been pleading for that policy to change so it can strike military assets deeper inside Russia that are used to launch attacks on Ukrainian cities.
Persons: Vladimir Putin, , Kyiv —, Sir Keir Starmer, Joe Biden, ” Putin, Pavel Zarubin, ” Starmer, David Lammy, Stefan Rousseau, Putin, Vyacheslav Volodin, ” Volodin, , Dmitry Peskov, ” Peskov, Oleg Palchyk, It’s, Antony Blinken, Biden, Starmer Organizations: NATO, Kyiv, British, U.S, Duma, Kremlin, West, Getty, U.S ., Congressional Ukraine Caucus, America, NBC News Locations: Russia, United States, Washington, Ukraine, , U.S, Ukrainian, Kursk, Ukraine's, Pokrovsk, Sudzha, Kyiv, Israel, “ Russia, Moscow
"This will mean that NATO countries — the United States and European countries — are at war with Russia," Putin said. But Ukraine's Western allies have provided billions in military aid to Ukraine, sending the aid incrementally in the form of increasingly effective weapons. AdvertisementYet Ukraine continued to drive back Russian forces that year until a stalemate developed, and has targetted occupied territory, including the Crimea peninsula, with long-range Western weapons. They succeded in rattling the West, it says, leading it to supply Ukraine weapons in a piecemeal way and much later than Ukraine seeks them. Analysts writing for the US think tank Responsible Statecraft last June said that the West would never know if it had crossed a real Russian red line until it's too late.
Persons: , Vladimir Putin, Putin, Keir Starmer, Joe Biden, Putin's, Ukraine's, Volodymyr Zelenskyy, TATYANA MAKEYEVA, Sergey Lavrov, Biden, Donald Tusk Organizations: Service, Business, NATO, British Storm Shadow, Institute for, Western, Getty, Russian, The New York Times Locations: Ukraine, Russia, United States, Washington, DC, US, Ukrainian, Moscow, Crimea, Russia's Kursk, Kursk, AFP, Iran
Russia claims Ukraine fired Western-supplied missiles into its region of Belgorod. Some Western countries are signaling they may be more open to their weapons being used on Russian soil. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussia has claimed that Ukraine used French- and US-supplied missiles in an attack on one of its border regions. Russia's Ministry of Defence said on Saturday that it had repelled an attack on the border region of Belgorod by four French-made Hammer missiles and two US-made HARM anti-radar missiles.
Persons: Organizations: Service, Russia's Ministry of Defence, Storm, Business Locations: Russia, Ukraine, Belgorod, Russian, Czech
Russia said on Monday that it would treat F-16s in Ukraine as an escalation because they're nuclear-capable. AdvertisementRussia warned on Monday against the expected arrival of F-16s in Ukraine, saying the US warplanes would be treated as an escalation given their potential as nuclear weapons platforms. AdvertisementMeanwhile, Russia has for months said the delivery of the F-16s is a provocation from NATO because they can be fitted to carry nuclear weapons. In any case, Ukraine does not possess any nuclear weapons in its arsenal, having surrendered them in 1994 when it gained independence. It is subject to the Treaty on the Non-Proliferation of Nuclear Weapons.
Persons: , Sergey Lavrov, Ukraine's Su, it's, They're, Jake Epstein, Epstein Organizations: Foreign Ministry, Service, NATO, Russian Foreign Ministry, North Atlantic Treaty Organization, Russia, Soviet, British Storm Shadow, Nuclear Weapons, US Navy Locations: Russia, Ukraine, United States, North, Belgium, Denmark, Norway, Netherlands, Kyiv, Russian, Belarus, Minsk, Moscow
Ukrainian commandos on jet skis conducted a mission to damage a Russian electronic warfare station in Crimea. Members of the group told The Times of London how they carried out their covert and daring mission. AdvertisementAdvertisementA unit of Ukrainian commandos traveled covertly across the Black Sea on jet skis in a daring raid on a Russian electronic warfare station in Crimea, a report says. AdvertisementAdvertisementThe electronic warfare station had thwarted drone strikes and tracked British Storm Shadow missiles. While the unit approached the peninsula, five Ukrainian support ships fired at Russian positions as a diversion tactic, per The Times.
Persons: , Borghese, Levan, Timur, Ukraine's, Kyrylo Budanov, GUR Organizations: Times, Ukrainian, Service, Brotherhood Battalion, Storm Shadow, Raptor, REUTERS, Fleet Locations: Crimea, London, Ukrainian, Ukrainian Crimea, Sevastopol, Ukraine
Vitaly GerasimovMaj. Gen. Vitaly Gerasimov became the second senior Russian commander reported to be killed after Ukrainian military intelligence claimed he was shot dead in Kharkiv. Andrey KolesnikovUkraine's military said in a tweet that they killed Russian Maj. Gen. Andrey Kolesnikov. Ivan GrishinColonel Ivan Grishin, commander of Russia's 49th Anti-Aircraft Missile Brigade, died in Ukraine, according to the Armed Forces of Ukraine. Vyacheslav SavinovLieutenant Colonel Vyacheslav Savinov, who headed Russian artillery intelligence, was killed in Ukraine, a Russian artillery school confirmed. A damaged Russian military vehicle is seen after Russian Forces withdrawal as Russia-Ukraine war continues in Izium, Kharkiv Oblast, Ukraine on September 14, 2022.
Persons: , Oleg Tsokov, Andrei Sukhovetsky Maj, Andrei Sukhovetsky, Sukhovetsky, Vitaly Gerasimov Maj, Vitaly Gerasimov, Alexander Nevsky, Andrey Kolesnikov Ukraine's, Andrey Kolesnikov, Oleg Mityaev Russia, Oleg Mityaev, Anton Gerashchenko, Andrei Mordvichev, Oleksiy Arestovych, Ramzan Kadyrov, Yakov Rezantsev, Illia Ponomarenko, Zelenskyy, Rezantsev, Dmitry Safronov Ukraine's, Dmitry Safronov, Denis Glebov, Glebov, Courage, Konstantin Zizevsky, Mikhail Vedernikov, Yuri Agarkov, Agarkov, Andrei Zakharov, Sergei Porokhnya, Gleb Garanich, Reuters Magomed, Magomed Tushaev, Putin, Vladimir Zhonga, Vladimir Zhoga, Sergei Sukharev, Sergei Krylov, Sukharev, Alexei, Alexei Sharov, Sharov, Sergey Bratchuk, Dmitry Dormidontov, Dmitry Pavlovich Dormidontov, Igor Zharov, Igor Igoshin, Zharov, Denis Kurilo, Kurilo, Anton Kuprin, Kuprin, Anton Gerashenko, Stringer, Denis Mezhuev, Vladimir Petrovich Frolov Maj, Gen, Vladimir Petrovich Frolov, Alexander Beglov, Fontanka, Miras, Miras Bashakov, Ivan Grishin, Vyacheslav Savinov, Savinov, Metin Aktas, Denis Kozlov, Kozlov, Andrei Simonov, Simonov, Roman Kutuzov Major, Roman Kutuzov, Alexander Sladkov, Tsargrad, Roman, Roman Berdnikov, Kutuzov, Volya, Kanamat, Botashev, Artem Nasbulin Maj, Artem Nasbulin, Serhiy Bratchuk, Tsokov, Михаил Ведерников Organizations: UK Defence Ministry, Service, British Defence Ministry, West, Storm, Russian, 7th Airborne Division, Combined Arms Army, Russian Federal Security Service, Arms Army, Interior Ministry, The New York Times, 8th General Army, Southern Military District of, Armed Forces, Twitter, Telegraph, Dmitry Safronov Ukraine's Ministry of Defense, Separate Marine Brigade, Russian Armed Forces, Ukraine's Defense Ministry, Airborne, 247th Guards Air Assault Regiment, Luhansk People's, 56th Air Assault Brigade, Guardian, 12th Engineer Brigade, Russian Armoured, Carrier, Reuters, The Daily Mail, Forces, Sparta Battalion, Donetsk People's, Daily Mail, 331st Guards Parachute, Ukraine, Ukraine's, Strategic Communication, Information Security, The Independent, 810th, Zhukov Brigade, Russian Marines, Evening, Local, 200th, Rifle Brigade, Black, Fleet, Russian Federation, Ukrainian, New York Times, 1st Guards, Banner, The Times, Kremlin, 8th Army, Aircraft Missile Brigade, Armed Forces of, Russian Missile Troops and Artillery, Russian Forces, Anadolu Agency, Getty, Separate Guards Engineers of Keningsbersko, Red Banner Brigade, Courage, Russian 2nd Army, Presidential, Russian Air Force, BBC, High Mobility Artillery, Southern Military District Locations: Russia, Ukraine, Wall, Silicon, Russian, Kharkiv, Mariupol, Chornobayivka, Kherson Airport, London, Yakov Rezantsev Ukraine, Kyiv, Chornobaivka, Ukrainian, Chuhuiv, Donbas, Donetsk, Luhansk, Pskov Region, Andrei Zakharov Ukraine, Ufa, Nova Husarivka, Chechen, Hostomel, Russia's Chechnya, Donetsk People's Republic, Volnovakha, Kostroma, Tatarstan, Pechenga, Sevastopol, St, Petersburg, St . Petersburg, Armed Forces of Ukraine, Izium, Kharkiv Oblast, Izyum, Ukraine's Donbas, Severodonetsk, Kherson, Berdyansk
Dnipro, Ukraine CNN —The much-anticipated and controversial American-made cluster munitions that the United States agreed to supply to Kyiv are now in Ukraine, according to a Ukrainian general and the Pentagon. On Thursday afternoon the Pentagon confirmed the presence of the munitions in country, saying “There are cluster munitions in Ukraine at this time.”Tarnavsky is commander of the “Tavria” Joint Forces Operation, which is operating on a large section of the southern Ukraine front. But they are very worried.”Eyebrows were raised at the US delivery of these cluster munitions, which are banned in over 100 countries. The general says Ukraine is carrying out “large scale offensives,” while also admitting Ukrainian troops have made modest gains, especially in the south. Russian lossesA rising star in the Russian military, Lt. Gen. Oleg Tsokov, was injured and killed in the Russian-occupied city of Berdyansk, on the Azov Sea.
Persons: Oleksandr Tarnavsky, Tarnavsky, Defense Lloyd Austin, CNN’s Wolf Blitzer, , , ” ‘, ” Tarnavsky, Oleg Tsokov, Tsokov, Tarnavskiy, He’s, Wagner, Yevgeny Prigozhin, Vladimir Putin Organizations: Ukraine CNN, Pentagon, CNN, , Forces, Russian, Defense, ” Kyiv, Russian Telegram, Military Locations: Dnipro, Ukraine, United States, Kyiv, Ukrainian, ” Brig, Austin, Russian, Berdyansk, Azov
CNN —A senior Russian general in command of forces in occupied southern Ukraine says he was suddenly dismissed from his post after accusing Moscow’s Defense Ministry leadership of betraying his troops by not providing sufficient support. Gen. Ivan Popov was the commander of the 58th Combined Arms Army, which has been engaged in heavy fighting in the Zaporizhzhia region. He is one of the most senior officers to have taken part in the bloody Russian campaign in Ukraine. The recording was posted on the messaging app by Andrey Gurulev, a member of the Russian Parliament and former deputy commander of the Southern Military District. Another Russian commander, Gen. Sergey Surovikin, who has not been seen in public since the failed Wagner-led rebellion last month, is “resting,” a Russian lawmaker said Wednesday.
Persons: CNN —, Ivan Popov, Popov, Andrey Gurulev, ” Popov, , Sergei Shoigu “, vilely, , Voyenniy Osvedomitel, Oleg Tsokov, , Valery Gerasimov, ISW, Wagner, Yevgeny Prigozhin’s, Sergey Surovikin, Surovikin Organizations: CNN, Moscow’s Defense Ministry, Arms Army, Telegram, Southern Military District, , Kremlin, Combined, Army, British Storm, 58th Combined Army, Ukrainian, Russian Defense Ministry Locations: Russian, Ukraine, Zaporizhzhia, , Berdyansk, Washington, Zaporizhia –
Michael Bociurkiw CNNOn Friday, after months of debate, US President Joe Biden announced that, as part of a new $800 million military aid package, the administration will be sending controversial cluster munitions to Ukraine. “No to cluster bombs and yes to the legitimate defense of Ukraine, which we understand should not be carried out with cluster bombs,” said Spain’s Defense Minister Margarita Robles. Discord among US allies over cluster munitions might have been avoided altogether, had western capitals moved more swiftly to provide Ukraine with lethal weaponry. To keep the Ukrainians from running out and being defeated, we must send them cluster munitions. Cluster munitions could bring Kyiv a temporary battlefield advantage.
Persons: Michael Bociurkiw, Joe Biden, , , Margarita Robles, Biden, Volodymyr Zelensky, Emannuel Macron, Andre Luis Alves, ” Biden, William Taylor, Jake Sullivan, Vladimir Putin —, Erin Burnett, Zelensky Organizations: Atlantic Council, Organization for Security, Cooperation, CNN, Ukraine CNN —, Michael Bociurkiw CNN, Spain’s, NATO, Tactical Missile Systems, British Storm Shadow, Defense Department, Cluster Munitions, Human Rights Watch, United States Fund, UNICEF, , Sunday, Anadolu Agency, Getty, Twitter Locations: Odesa, Europe, Kyiv, Ukraine, Canada, Spain, New Zealand, Germany, Margarita Robles . New Zealand, Lithuania, Vilnius, Russia, France, United States, Asia, Geneva, AVDIIVKA, UKRAINE, Avdiivka, Vladimir Putin — Ukraine, Odessa
The US is considering providing ATACMS to Ukraine, according to a WSJ report. Kyiv has long sought ballistic missiles, which could strike targets far beyond the front lines. Kyiv has long been asking the US for the Army Tactical Missile System, or ATACMS, which has a range of about 190 miles and could be used to strike Russian targets far beyond the front lines, including Crimea. "ATACMS is a long-range guided missile that gives operational commanders the immediate firepower to win the deep battle," says its manufacturer, Lockheed Martin. The House Foreign Affairs Committee passed a resolution last week calling for ATACMS to be sent to Ukraine immediately.
Persons: Biden, Ben Hodges, Sergei Shoigu, Hodges, Lockheed Martin, Putin, ATACMS, Volodymyr Zelensky, Joe Biden, Brendan Smialowski, Abrams, James Risch Organizations: Kyiv, Washington DC, Service, Wall Street, Army Tactical Missile, Army, Russian, The Telegraph, British Storm Shadow, US High Mobility Artillery, Lockheed, Black, White, Getty, Politico, US, Pentagon, Foreign Affairs, GOP, Reuters Locations: Ukraine, Wall, Silicon, Crimea, Army Europe, Kherson, Kerch, Russia, Ukrainian, Odesa, Sevastopol, Washington , DC, Washington
The US is considering providing ATACMS to Ukraine, according to a WSJ report. Kyiv has long sought its ballistic missiles, which could strike targets far beyond the front lines. "ATACMS is a long-range guided missile that gives operational commanders the immediate firepower to win the deep battle," says its manufacturer, Lockheed Martin. The Pentagon said on Thursday that it was not aware of any imminent decision to send ATACMS to Ukraine following the Wall Street Journal report, per Reuters. However, US and European officials say that behind the scenes, the tone in Washington has recently shifted, and there appears to be a greater appetite to send Ukraine more advanced weapons, per the Journal report.
Persons: Biden, , Sergei Shoigu, HIMARS, Ben Wallace, Lockheed Martin, Putin, Volodymyr Zelensky, Joe Biden, Brendan Smialowski, ATACMS, Abrams, James Risch, General Kyrylo Budanov Organizations: Kyiv, Washington DC, Service, Wall Street Journal, Army Tactical Missile, Russian, The Telegraph, British Storm Shadow, US High Mobility Artillery, Lockheed, White, Getty, Politico, US, Pentagon, Foreign Affairs, Reuters, Military Intelligence Locations: Ukraine, Crimea, Kherson, Kerch, Russia, Washington , DC, Washington
But the lack of common standards among the various manufacturers has hampered the flow of munitions supplies. It will take place on the sidelines of a NATO defence ministers' meeting in Brussels on Thursday and Friday. Demand for 155mm artillery rounds has soared in the wake of the invasion of Ukraine in February 2022. "If national governments could bring themselves to throw national standards over board and agree on common NATO standards – in particular with regard to munitions – this would be a landslide change," the defence source said. Before that many NATO countries had already run down their stocks as governments considered wars of attrition with big artillery battles a thing of the past.
Persons: Caesar, Jens Stoltenberg, KMW, Leonardo, Northrop, Abrams, Armin Papperger, Sabine Siebold, Gwladys Fouche, Angus MacSwan Organizations: Separate Artillery Brigade, REUTERS, NATO, BAE Systems, Turkish, Dynamics, Leopard, Lockheed, Northrop Grumman, British Storm Shadow, Rheinmetall, RND, Thomson Locations: Ukraine, Avdiivka, Donetsk region, BRUSSELS, Kyiv, NATO, Brussels, Kongsberg, Vilnius, Oslo
SINGAPORE, June 3 (Reuters) - Ukraine's plans for a counteroffensive against Russian occupation remain on track, its deputy defence minister told Reuters on Saturday, despite an "unprecedented" wave of missile and drone attacks across the country in recent weeks. Havrylov called Russia's heavy use of ballistic missiles in May a "last strategic resort" and noted that his country's air defence systems had been "more than 90 percent effective" against the attacks. For Russia "it was a huge surprise to find that the effectiveness of (their ballistic missiles) was almost zero against modern air defence systems, which we received from our partners," he said. Ukrainian President Volodymyr Zelenskiy said on Saturday his country was ready to launch a much-awaited counter-offensive. The addition of modern fighter aircraft such as F-16s would improve the country's air defence capabilities, Havrylov said.
Persons: Volodymyr V, Havrylov, Volodymyr Zelenskiy, Ben Wallace, Kanupriya Kapoor, Gerry Doyle, Raju Gopalakrishnan Organizations: Reuters, Patriot, IRIS, NATO, British Storm, Thomson Locations: SINGAPORE, Ukraine, Kyiv, Singapore, Russia, United States, Germany, Moscow, Vilnius, Lithuania, Crimea
MOSCOW, May 27 (Reuters) - Russian forces intercepted two long-range Storm Shadow cruise missiles supplied to Ukraine by Britain, Russia's Defence Ministry said on Saturday. The ministry also said it had intercepted shorter-range U.S.-built HIMARS-launched and HARM missiles, and shot down 12 drones in the last 24 hours. Kyiv officials have previously said that Western-supplied weapons would be used exclusively against Russian forces inside Ukraine. Drone attacks were recorded deep inside Russian territory on Saturday, hitting oil pipeline installations. Russia has tended to blame such attacks on Kyiv, although Ukraine has not publicly acknowledged launching attacks against targets inside Russia.
SummarySummary Companies Drones attack Druzhba pipeline infrastructure, Russian media sayDrones strike far inside RussiaOne killed in shelling near Ukraine borderRussian forces intercept British Storm Shadow missilesMOSCOW, May 27 (Reuters) - Ukraine struck oil pipeline installations deep inside Russia on Saturday with a series of drone attacks including on a station serving the Druzhba pipeline, while shelling from Ukraine killed at least two, Russian officials and media said. Ukraine has not publicly acknowledged launching attacks against targets inside Russia. The Telegram channel Baza, which has good sources among Russia's security services, said the drones attacked a station serving the Druzhba pipeline. Russia's oil pipeline operator Transneft (TRNF_p.MM) said earlier this month that a filling point on Druzhba in a Russian region bordering Ukraine had been attacked. Kyiv officials have previously said that Western-supplied weapons would be used exclusively against Russian forces inside Ukraine.
Russia has 'never looked weaker,' a researcher at the Oslo Nuclear Project told Sky News. This comes after Ukraine said it repelled multiple of Russia's 'undefeatable' Kinzhal missiles. Furthermore, Hoffmann believes Russia's military position will only get worse because it has used all of the equipment in its arsenal, he told Sky. Russian missiles are intercepted en masse, while Ukraine has finally started to receive its own long-range strike capabilities with the British Storm Shadow." After writing, "If I was a Russian nuclear strategist today, I would be very worried," on Twitter on Tuesday, Hoffman later addressed and outlined some of the contentions surrounding the Russian missiles and Ukraine's defense systems.
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