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•4 min read•
✦Reported by The Economic Times

A day before US-brokered talks, Russia and Ukraine batter each other with long-range strikes

A day before US-brokered talks, Russia and Ukraine batter each other with long-range strikes
Source: The Economic Times

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓Russia and Ukraine exchanged long-range strikes on Monday, just before U.S.-brokered talks.
  • ✓Russia hit electrical substations across Ukraine, while Ukrainian drones started a fire at a major Russian oil refinery.
  • ✓President Donald Trump said the two sides are "very close" to a deal, despite the ongoing, deadly military conflict.

Story at a Glance

Category
Indian Markets
Reported By
The Economic Times
Reading Speed
4 Minute(s)
Market Focus
India Economy

Synopsis

Russia has targeted multiple electrical substations in Ukraine amid ongoing military actions. Ukrainian forces have hit a major oil refinery in Russia, crippling its supply capabilities. Diplomatic talks between Russia and Ukraine are scheduled with U.S. mediation amid the ongoing conflict. European Union emergency funding for Ukrainian power grid repairs has been activated to aid recovery efforts.

Kyiv: Russia battered Ukraine's power grid again and Ukrainian forces hit another of Russia's biggest oil refineries, officials said Monday, hours before delegations from Moscow and Kyiv were due to meet for new U.S.-brokered talks on how to end the fighting.

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The Economic Times

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