Ukraine says Russian oil refineries are legitimate targets
Reuters
Published Mar 22, 2024 11:55
KYIV (Reuters) - A Ukrainian deputy prime minister said on Friday Russian oil refineries were legitimate targets for its forces, after a media report said the United States, a close ally, had asked Kyiv to stop conducting drone strikes on refineries.
Ukraine dramatically stepped up its attacks on Russian energy facilities this month, launching numerous long-range drones to strike Russia's biggest refineries, resulting in the temporary suspension of production at some of them.
"We understand the calls of the U.S. partners, but at the same time we are fighting with the capabilities, resources, and practices that we have," Olha Stefanishyna, the minister, told the Kyiv Security Forum.
She said energy facilities were legitimate targets from a military point of view.
The Financial Times cited people familiar with the matter saying Washington had urged Kyiv to halt strikes, warning of the risk of provoking retaliation and driving up global oil prices.
The attacks helped boost oil prices that have risen nearly 4% so far since March 12, when Ukraine hit a major oil refinery.
Get The App
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.