Active Stocks
Thu May 23 2024 15:59:05
  1. Tata Steel share price
  2. 175.45 1.24%
  1. NTPC share price
  2. 372.30 -0.43%
  1. Power Grid Corporation Of India share price
  2. 319.75 -1.86%
  1. Indusind Bank share price
  2. 1,442.00 2.29%
  1. State Bank Of India share price
  2. 832.35 1.59%
Business News/ News / World/  Ukraine targets Russian oil refinery in drone attack, disrupts electricity supplies
BackBack

Ukraine targets Russian oil refinery in drone attack, disrupts electricity supplies

Ukraine sent drones to attack Russia, causing a fire at an oil refinery. Russia claimed it disrupted electricity near the border targeting Moscow on the final day of the presidential election.

Russian President Vladimir Putin attends a meeting with winners of the Leaders of Russia national management competition at the Kremlin in Moscow, Russia, Tuesday, March 12, 2024. (Sergey Savostyanov, Sputnik, Kremlin Pool Photo via AP) (Sergey Savostyanov, Sputnik, Kremlin Pool Photo via AP)Premium
Russian President Vladimir Putin attends a meeting with winners of the Leaders of Russia national management competition at the Kremlin in Moscow, Russia, Tuesday, March 12, 2024. (Sergey Savostyanov, Sputnik, Kremlin Pool Photo via AP) (Sergey Savostyanov, Sputnik, Kremlin Pool Photo via AP)

Ukraine sent 35 drones to attack different places in Russia, causing a small fire at an oil refinery. Those were targeting Moscow and disrupting electricity supplies near the border, according to Russia’s statement on March 17, the final day of its presidential election.

On March 16, the strikes were targeted at plants in Russia’s Samara region, more than 1,000 kilometres from the Ukrainian border. A fire broke out at a processing unit in the Rosneft oil refinery in Syzran, as reported by RIA Novosti quoting Governor Dmitry Azarov. This refinery can process up to 8.5 million barrels of petroleum products annually, which is around 170,000 barrels daily.

Also Read: 'We're pressing very hard for early discharge…': MEA on Indians duped into fighting Russia's war against Ukraine

Moscow claimed that Kyiv was trying to disrupt the election by attacking Russian infrastructure for several days, marking one of the largest air attacks on Russia since President Vladimir Putin started the war with Ukraine two years ago.

Ukraine's President Volodymyr Zelenskiy, in a video address on March 16, thanked his military forces and intelligence for new "long-range capabilities". However, he did not mention the attacks.

Also Read: Oil prices rise 2% after supply disruption as Ukraine attacks Russian refineries; Brent at $83/bbl

Russian forces shot down 17 drones over Krasnodar in southern Russia, four over Moscow and others in six different regions, the Russian defence ministry said in Telegram on March 17.

"The drones were neutralised, but a fire broke out as a result of the fall of one of the devices," the operational headquarters of the Krasnodar region in southern Russia said on Telegram.

Putin wins yet another election

Meanwhile, President Vladimir Putin, in power since 1999, has won by a large margin in Russia's election. He said the win proved Russia was correct in opposing the West and sending soldiers to Ukraine. 

Putin stated that this outcome should warn Western leaders that they would have to deal with a more confident Russia for a long time, in both war and peace.

Also Read: Putin aide Dmitry Medvedev mocks French President Macron for delaying Kyiv visit again: ‘Packs several underwear and…’

"When we are consolidated - no matter who wants to intimidate us, suppress us - nobody has ever succeeded in history. They have not succeeded now, and they will not succeed ever in the future," Putin said.

(With agency inputs)

You are on Mint! India's #1 news destination (Source: Press Gazette). To learn more about our business coverage and market insights Click Here!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 18 Mar 2024, 06:41 AM IST
Next Story footLogo
Recommended For You