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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
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
AdvertisementUkraine has long been restricted from using Western missiles to strike inside Russia. Kyiv has since used both ATACMS and Storm Shadow missiles to hit targets on Russian soil. Ukraine is finally using its powerful, longer-range Western missiles to strike targets inside Russia after waiting over a year for permission. AdvertisementUkraine fired a volley of at least 10 Storm Shadow missiles into Russia, The Wall Street Journal reported, citing Ukrainian and Western officials. Ukraine long pressed its Western partners to allow it to fire Storm Shadow missiles across the border into Russia.
Persons: Joe Biden, Lockheed Martin, Volodymyr Zelenskyy, JUSTIN TALLIS, Donald Trump Organizations: Storm, Street Journal, UK, Storm Shadow, North Korean, Defense Express, Euromaidan Press, NATO, Army Tactical Missile Systems, Ukraine's, Artillery, South Korean Defense Ministry, Getty, MBDA, Ukraine, Shadow, US, White Locations: Ukraine, Russia, Kyiv, Russia's, Bryansk, Russia's Kursk Oblast, Kursk, Britain, France, North Korea, Russia's Kursk, Ukrainian
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
CNN —Ukraine launched the British-French-made Storm Shadow missiles at targets inside Russia for the first time on Wednesday, according to a Russian military blog and Reuters, a day after Ukraine fired US-made ATACMS missiles into Russia. When Umerov was asked if Ukraine used the Storm Shadow missiles to hit a target inside Russia, he replied, “we are using all the means to defend our country, so we’ll not go into detail. A weapons expert who reviewed the video for CNN said there are no indications the explosions are from a different type of munition, but it’s not possible to definitively say they are from Storm Shadow missiles. The UK and France have previously supplied the long-range Storm Shadow missiles for Ukraine to use inside its own borders. Ukraine used eight long-range US missiles to successfully hit an ammunition depot deep inside Russia, according to two US defense officials.
Persons: Rustem Umerov, Umerov, , we’ll, Trevor Ball, Paul Adams, Shadow, Biden, Volodymyr Zelensky, Organizations: CNN —, Reuters, Ukraine’s, UK Ministry of Defense, CNN, Storm, US Army, Storm Shadow, French Ministry of Defense, , Ukrainian, Ukraine, Sunday, Russian Ministry of Defense Locations: CNN — Ukraine, British, Russia, Russian, Ukraine, Kursk, Marino, Ukrainian, France, “ Ukraine, Bryansk
France is going to send Ukraine Mirage fighter jets, the second Western jet type it will receive. The jets can carry Storm Shadow/SCALP missiles, and Ukraine's jets will reportedly have them. AdvertisementThe new Mirage fighter jets France promised to Ukraine will give it another combat platform able to launch the Western Storm Shadow missiles it has been using to frustrate Russia. AdvertisementIt is unclear how many Storm Shadow/SCALP missiles France may commit as part of the effort. It also not clear how many of the missiles Ukraine currently has.
Persons: , Sébastien Lecornuhas, Storm, Tim Robinson, Gordon, Skip, Davis, Volodymyr Zelenskyy, Vitalii, JUSTIN TALLIS Organizations: Ukraine Mirage, Service, Storm, Shadow, YouTube, Ukrainian Air Force, Dassault Aviation, La Tribune, Russia, UK's Royal Aeronautical Society, US Army, Getty, BBC, Tribune, Politico, Biden Locations: France, Ukraine, Russia, Kyiv
President Volodymyr Zelenskyy unveiled his much anticipated “victory plan” on Wednesday, calling on his allies to take urgent steps to bolster Kyiv at a precarious moment in a bid to end the war with Russia next year. His plan proposed establishing a “comprehensive non-nuclear strategic deterrence package” inside Ukraine to protect against threats from Russia and to destroy its military power. Zelenskyy said it was imperative Kyiv’s partners remained united. “If we start moving on this victory plan now, we may be able to end the war by next year at the latest,” he said. Zelenskyy said he would travel to a summit of European Union leaders in Brussels on Thursday to present his plan.
Persons: Volodymyr Zelenskyy, Putin, , Zelenskyy, Kyiv’s, Roman Pilipey, Donald Trump, Joe Biden, Honcharenko, , Organizations: Kyiv, NATO, 24th Mechanized Brigade, Ukrainian Armed Forces, AFP, Getty, North, Republican, Union, Storm Locations: Russia, U.S, Europe, Donetsk, Ukraine, Pokrovsk, AFP, West, Iran, Moscow, Russian, United States, Russia’s Kursk, Brussels, Washington, Britain, France, Italy, Germany, Kurakhove, Roman
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
CNN —US Defense Secretary Lloyd Austin warned Friday of “devastating” consequences if Israel engages in an all-out war with Hezbollah, telling CNN in an exclusive interview that casualties would “equal or exceed” the number in Gaza. “An all-out war between Lebanese, Hezbollah and Israel would be devastating for both Lebanon and Israel. And again, we anticipate that we’d see a number of people displaced, casualties that, you know, equal or exceed what we’ve seen in Gaza,” Austin told CNN’s Wolf Blitzer. Asked by Blitzer if continued US aid to Israel undermines Washington’s efforts to secure a ceasefire in Lebanon, Austin on Friday reiterated the long-standing alliance. “We’ve been clear from the very beginning that that we’re going to support Israel in its efforts to defend itself,” Austin said.
Persons: Lloyd Austin, Israel, ” Austin, CNN’s Wolf Blitzer, , Benjamin Netanyahu, ” Netanyahu, Biden, Blitzer, “ We’ve, , Austin, Volodymyr Zelensky, Joe Biden, Kamala Harris, Donald Trump, Trump Organizations: CNN, US, United Nations, Hezbollah, Ukraine, Army Tactical Missile Systems Locations: Gaza, Lebanese, Israel, Lebanon, Iran, , Austin, Washington, Ukraine, Russia
Russian President Vladimir Putin at an expanded Prosecutor General's Office meeting on March 26, 2024, in Moscow. In opening remarks before a meeting with senior officials on Russia's nuclear deterrence on Wednesday, which were released by the Kremlin and translated by NBC News, Putin said that "a number of clarifications ... defining the conditions for the use of nuclear weapons" are being made to the document that defines Russia's nuclear doctrine. Russia's latest comments on changing its nuclear doctrine are not a surprise — Moscow has hinted for months that it was making changes to its official stance on the use of nuclear weapons. In its 2020 policy, Russia nonetheless described nuclear weapons as "a means of deterrence," the use of which would be "an extreme and necessary measure." Russian President Vladimir Putin and his Belarusian counterpart Alexander Lukashenko shake hands during a press briefing following their talks in Minsk, Belarus, May 24, 2024.
Persons: Vladimir Putin, Putin, , Volodymyr Zelenskiy, Mike Segar, Volodymyr Zelenskyy, Joe Biden, Zelenskyy, Sergei Ryabkov, Yulia Morozova, Alexander Lukashenko, Mikhail Metzel Organizations: General's, Getty, Kremlin, NBC News, Russian Federation, , Ukraine's, United Nations General Assembly, Reuters, Kyiv, West, Nazi, Belarusian Locations: Moscow, Kyiv, Ukraine, Russia, U.S, U.N, New York, Washington, America, Great Britain, Russia's Kursk, Kursk, Russian, Nazi Germany, Minsk, Belarus
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
Read previewWestern restrictions on how Ukraine can hit targets in Russia make its F-16 fighter jets less effective, military experts told Business Insider. This, in turn, leaves Russia's weaponry more free to hit Ukrainian jets, making them more vulnerable and less able to fly close to the front lines. A still from footage by Ukraine's air force that shows a Storm Shadow missile being launched. A limited number of F-16sThe effectiveness of Ukraine's F-16s faces other challenges, too. Ukraine and its allies, as well as warfare experts, also describe Ukraine's F-16 program as being in its infancy.
Persons: , George Barros, Barros, DIMITAR DILKOFF, Michael Bohnert, Gordon B, Skip, Davis, Jr, Volodymyr Zelenskyi, Vitalii, it's, Czarek, Michael Clarke, Volodymyr Zelensky, Keir Giles, Oleksiy, Zelenskyy, Ukraine's Organizations: Service, Business, Getty, RAND Corporation, Shadow, YouTube, Ukrainian Air Force, AP, Chatham House's, Air, Libkos, Ukraine US Locations: Ukraine, Russia, AFP, Kursk, Denmark, Norway, Belgium, Netherlands, Poland, Chatham House's Russia, Eurasia, Russian, Ukrainian, Shepetivka, Britain
Russia announced the expulsions hours before British Prime Minister Keir Starmer met U.S. President Joe Biden at the White House, a crucial step towards winning the go-ahead for Kyiv to use long-range missiles against targets in Russia. Neither Biden nor Starmer addressed long-range missiles in brief comments in front of reporters. Sources say the meeting is another step in talks to allow Ukraine to use Western long-range missiles against targets in Russia, something Ukrainian President Volodymyr Zelenskyy has been demanding for months. The six UK diplomats were named on Russian state TV, which also showed photographs of them. The FSB said Russia would ask other British diplomats to go home early if they were found to be engaged in similar activity.
Persons: Keir Starmer, Joe Biden, , ” Biden, Starmer, Biden, ” Starmer, Vladimir Putin, Putin, , Volodymyr Zelenskyy, John Kirby, Kirby, Maria Zakharova, ” Zakharova Organizations: British, White, Ukraine, FSB, Soviet KGB, Russian Federation, Federal Security Service, Ministry of Foreign Affairs of Russia, British Embassy, British Foreign, Biden, United Nations General Assembly, House, The New York Times, Russian Foreign Ministry Locations: Moscow, Ukraine, Britain, Russia, Kyiv, United States, Russian, Western, Washington, London, Iran, Soviet, British, Eastern Europe, Central Asia, Europe, Vienna
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
The president has long resisted calls from Ukrainian officials to ease restrictions on the weapons. “We’re working that out right now,” Biden said when questioned this week whether he would permit Western-provided long-range missiles to target military sites like airfields, missile launchers, fuel tanks and ammunition depots inside Russia. Still, that the conversation over long-range weapons is happening at all is an indication of how stalled battlefield dynamics are causing western leaders to rethink their approach. The revelation that Iran has been providing Russia with ballistic missiles has changed the debate over Ukraine’s capabilities, Lammy said. Earlier in the week, the bipartisan congressional Ukraine caucus called on Biden to allow Ukraine to strike targets inside Russia with the long-range weapons.
Persons: Joe Biden, Biden, ” Biden, Friday’s Biden, Starmer, Vladimir Putin, Putin, Volodymyr Zelensky, Antony Blinken, , it’s, we’ll, ” Blinken, Andrii Sybiha, David Lammy, Lammy, Defense Lloyd Austin, ” Austin, Ukraine’s, Sen, Ben Cardin, Jeanne Shaheen of, ” Shaheen, Organizations: Washington CNN, British, White, US, Army Tactical Missile Systems, Ukrainian, National Security, Labour Party’s, NATO, Defense, Ukraine Defense Contact Group, Defense Department, Ukraine “, Senior, Senate Foreign Relations, Biden, Republican Locations: Ukraine, Russia, Ukrainian, United Kingdom, Kyiv, France, Iran, Western, Kursk, Washington, Russian, United States, British, Germany, Crimea, Ben Cardin of Maryland, Jeanne Shaheen of New Hampshire
CNN —A group of key House Republicans have written to President Joe Biden urging him to lift the restrictions on the use of US-provided long-range weapons systems and allow Kyiv to strike targets deep inside Russia. The UK is also considering whether to allow Ukraine to strike deeper inside Russia with its own long-range system, the Storm Shadow. “No change to policy,” one senior administration official said, adding that there is currently no openness to lifting restrictions. Last month, senior Ukrainians presented US officials with targets they would like to strike in Russia during a visit to Washington. But the Ukrainians say there are weapons productions facilities that would be within reach of the ATACMS inside Russia that are worthy military targets, a source familiar with the Ukrainians position told CNN.
Persons: Joe Biden, Volodymyr Zelensky, Antony Blinken’s, Biden, Blinken, David Lammy, Keir Starmer, , Michael McCaul, Michael Turner, Mike Rogers, Ken Calvert, Thomas Kean, Richard Hudson, “ Biden, Harris, Donald Trump, Defense Lloyd Austin, ” Austin, , ” Blinken, “ It’s, Zelensky, ” John Kirby, It’s, CNN’s MJ Lee Organizations: CNN, Republicans, British, UK, House Foreign, House Intelligence, House Armed Services, House, Helsinki, Republican, Defense, Ukraine Defense Contact Group, Ukraine “, Ukraine, Russian, US National Security Council Locations: Kyiv, Russia, Ukrainian, Ukraine, Washington, London, U.S, Germany, Russia’s Kursk, Iranian, Crimea
Recent reports have said that the US is deciding whether to transfer AGM-158 Joint Air-to-Surface Standoff Missiles, or JASSMs, to Ukraine. These high-profile weapons would give Kyiv a significantly farther strike range than any other Western munitions it has in its arsenal. As is, it still restricts the country from using its powerful US-provided tactical ballistic missiles to strike military targets inside Russia. A US Air Force F-16 before releasing a Joint Air-to-Surface Standoff Missile. With that range, JASSMs would also surpass the range of ground-launched US-provided MGM-140 Army Tactical Missile Systems, also known as ATACMS, which have the longest reach of any munition Washington has sent Kyiv so far.
Persons: , Biden, JASSMs, hasn't, Lockheed Martin, they've, Aaron Hill, Mike Torrealday, Vincent Aiello Organizations: Service, Business, Politico, Reuters, Pentagon, DoD, US Air Force, Squadron, Lockheed, MGM, Tactical Missile Systems, Washington, Kyiv, Aaron, West, Former, Ukraine, Navy, Russia Locations: Ukraine, Russia, Kyiv, Britain, France, Russian, Crimean, Washington, Former American
Ukraine shared footage of its aircraft launching Storm Shadow missiles. Storm Shadows were given to Ukraine by the UK and France (which calls them SCALP missiles). Go to newsletter preferences Thanks for signing up! AdvertisementUkraine released its first official video of Western Storm Shadow missiles being used in combat. Buried in the clip were visuals of the Storm Shadow being launched from a jet, and then flying through the sky.
Persons: Organizations: France, Service, Western Storm, Sunday, Storm, Business Locations: Ukraine
Read previewThe Russian navy has simultaneously deployed three of its cruise missile submarines in waters within the general Black Sea area, Ukraine's navy says. Referencing surface ship losses, he said that Russia's Black Sea Fleet has been "called a submarine fleet," adding that "now, it's true." Coupled with the drone boat attacks, these triggered the withdrawal of the Black Sea Fleet to other bases in the area. SBULacking a traditional naval force able to compete with Russia's Black Sea Fleet, Ukraine has relied on drone boats and missiles to defeat Russian ships in the Black Sea. AdvertisementCountering the serious threat posed by Russian cruise missile submarines operating in the region is a more difficult challenge than targeting and engaging surface ships.
Persons: , Dmytro Pletenchuk, Pletenchuk, Lloyd Austin Organizations: Service, Sea Fleet, Business, Facebook, Fleet, EG, Kilo, Getty Images, Russian, Black, US Locations: Russian, Crimea, Russia, Ukrainian, Azov, Rostov, Ukraine, Novorossiysk, STRINGER, Sevastopol, Russia's
AdvertisementShe explained that from a tactical perspective, Ukraine and Russia are learning much about each other, and in response, the cycles of adaptation and countermeasures are rapidly compressing. "Russia's allies and their partners are learning from them, and this is now a currency that Russia has to give to Iran, China, North Korea — that learning of our equipment." Iran and North Korea have collectively outfitted Russia with a bunch of lethal aid, including missiles, rockets, artillery shells, and drones. Photo by ANONYMOUS/Middle East Images/AFP via Getty ImagesChina's support for Russia as it wages war in Ukraine has been more discreet. Experts and officials have also said that North Korea is likely learning about how its weapons perform in actual combat conditions.
Persons: , Dara Massicot, Massicot, Baiba Braže, Alina Smutko, Tehran's, Abrams, ALEXANDER NEMENOV, It's, Luke Coffey, Iran's Organizations: Service, NATO, Business, Carnegie Endowment, International, Latvia's, Mechanized Brigade, REUTERS, Getty, CNN, Russian, Army Tactical Missile, West, Ukraine —, Hudson Institute, North, General Staff, Ukrainian Armed Forces, Institute for, Ukraine Locations: Ukraine, Russia, Washington, Iran, China, North Korea, Moscow, Iranian, Kermanshah, Beijing, Tehran, Pyongyang, AFP, Israel, Korea, Ukrainian, X
The impact of these deep strikes has been eye-opening for Europe and the US, opening "Pandora's box" for more of these capabilities, a nuclear weapons and arms control expert told Business Insider. The conventional weapons include SM-6, Tomahawk, and developmental hypersonic weapons, "which have significantly longer range than current land-based fires in Europe." "The war in Ukraine shows that long-range strikes are a key issue for the defense of Europe," Lecornu posted on X. "These countries knew that long-range weapons were important even before Russia invaded Ukraine, but Russia's war in Ukraine has opened Pandora's Box to more and more military steps," explained Hans Director of the Nuclear Information Project at the Federation of American Scientists. US Navy photo by Mass Communication Specialist 1st Class Jonathan WordPoland, Germany, France, and Italy's new long-range missile plans follow work in the US to quickly develop new long-range strike systems.
Persons: , Andrew Dickson, Sebastien Lecornu, Lecornu, Hans, Thierry Wurtz, " Kristensen, Jonathan, Zachary Anderson There's, it's, Kristensen, Trump, he'd Organizations: Service, Business, NATO, Army, Artillery, U.S, French, Russia, Federation of American Scientists, Rafale, US, Attack Missiles, US Navy, Jonathan Word, Trump Locations: Ukraine, Russia, Europe, Germany, Australia, Poland, Italy, Moscow, Jonathan Word Poland, France
Many European countries have also given more as a proportion of their GDP than the US has. AP Photo/Peter DejongIn early 2023, France became the first Western country to promise to send Ukraine Western armored combat vehicles. European countries have also led in letting Ukraine use Western weapons to hit military targets in Russia. But there are still hangups, and some European countries want partner support for Ukraine to go much further. He said that for most Americans, "if you ask them to name five European countries, they probably wouldn't be able to do it."
Persons: , Vladimir Putin's, George Barros, Russia doesn't, Ukraine's, Joe Biden, Volodymyr Zelenskyy, Peter Dejong, Bradleys, Abrams, Davis Ellison, John Hamilton, Russia didn't, Ellison, Donald Trump, Mark Cancian, Kaja, Andrew Kravchenko Barros, Ingrida Šimonytė, Putin, Barros, It's, forwardness, Philip Ingram, Ingrida Simonyte, Denys Shmyhal, it's, Getty Images Ingram, Biden, JD Vance, it'll Organizations: Service, Kyiv, Business, High Mobility Artillery Rocket Systems, Mirage, AP, Ukraine Western, US, Army Tactical Missile Systems, Storm Shadows, The Hague, Strategic Studies, Army Tactical Missile, Russian, NATO, Marine, Center for Strategic, International Studies, Eastern, Estonia's, Lithuanian, REUTERS, British Army, Ukrainian Governmental Press Service, Anadolu, Getty Images, Republican, America, GOP, Ukraine, Prosecutor's, Getty, White Locations: Russia, Ukraine, Washington, Europe, United States, Russian, Denmark, Netherlands, Norway, Belgium, European, Sweden, France, Paris, Kharkiv, Poland, Germany, Zhytomyr, Kyiv, Borodianka, Ukraine's Kyiv, Ukrainian
Read previewSeveral NATO allies have agreed to a plan to develop new long-range missiles that are intended to fill capability gaps that have become increasingly noticeable as Russia wages its war in Ukraine. The new initiative among these NATO allies is focused on developing ground-launched cruise missiles with ranges is excess of 500 kilometers. In both cases, the shift toward improving long-range capabilities on European soil further signals NATO's understanding of critical gaps in its arsenal highlighted by the Ukraine war. Responding to US plans to deploy deep-strike capabilities in Germany, among other NATO actions, Kremlin spokesperson Dmitry Peskov said: "This is a very serious threat to the national security of our country." "All of this," he said, "will require us to take thoughtful, coordinated, effective responses to deter NATO, to counteract NATO."
Persons: , Sebastien Lecornu, Lecornu, Zachary Anderson, 🇫🇷🇩🇪 🇮🇹🇵🇱 pou, ike o ptions, sian, ike, ona Organizations: Service, NATO, Business, French, US Navy, Reuters, kr, rit Locations: Russia, Ukraine, Germany, France, Poland, Italy, Europe, guerre, à Washington
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