Russian attack cuts power to around 150,000 in Ukraine’s north as Kyiv hits missile, oil facilities

📰 source: cnbc_topnews · 💼 business

a russian attack on an energy facility in chernihiv cut power to around 150,000 residents on friday. workers are trying to restore supply.

ukrainian president zelenskyy confirmed strikes on a missile components facility in the city of kirov and an oil facility nearly 1,350 kilometers away. he called the attacks 'entirely justified' since the components were used to target ukrainian cities. ukraine has also targeted logistics centers including wildberries facilities over the past week.

separately, the eu unveiled its largest sanctions package against russia in four years, targeting nearly 220 individuals and entities. eu foreign policy chief kaja kallas said the package hits over 100 banks and crypto operators, 40+ vessels in russia's shadow fleet, and several oil refineries. 'russia will only negotiate if pressured,' she said.

why it matters: ukraine strikes russian missile and oil facilities while eu imposes largest sanctions package, escalating economic pressure on moscow.

source: cnbc_topnews
sentiment: -0.40 · impact: 0.70