Warning!
Blogs   >   FX Daily Updates
FX Daily Updates
All Posts

2025-09-14 10:15

Russia's Kirishi oil refinery attacked Russia says over 361 Ukrainian drones downed Ukraine says it carried out a 'successful strike' Russia flexes military muscle with hypersonic missiles MOSCOW, Sept 14 (Reuters) - Ukraine launched a big attack with at least 361 drones targeting Russia overnight, sparking a brief fire at the vast Kirishi oil refinery in Russia's northwest, Russian officials said on Sunday, reporting no injuries. As big powers talk about how to end the deadliest conflict in Europe since World War Two the drone war has escalated, with Russian drones downed in NATO-member Poland and attacks by Ukraine against oil refineries and pipelines in Russia, the world's second biggest oil exporter. Sign up here. Russia's defence ministry said at least 361 drones had been shot down by Russian air defence systems, including four guided aerial bombs and a U.S.-made HIMARS missile. It did not give details about the location of the attacks. Surgutneftegaz's (SNGS.MM) , opens new tab Kirishinefteorgsintez refinery, one of the top two refineries in Russia, was among the targets attacked by Ukrainian drones, Russian officials said. Alexander Drozdenko, the governor of the Leningrad region, said that three drones were destroyed in the Kirishi area and that a fire sparked by falling debris had been put out. He said no one was injured. Ukraine's drone command confirmed it attacked the refinery and said it had "carried out a successful strike". Reuters was unable to immediately verify the scale of the damage, if any, to the refinery. Kirishi refines about 17.7 million metric tons per year (355,000 barrels per day) of Russian crude, or 6.4% of the country's total. In recent weeks, the United States has stepped up pressure on NATO countries to tighten energy sanctions on Russia in a bid to curtail its revenues and help end the war with Ukraine — a conflict U.S. President Donald Trump has struggled to bring to a close. Trump said on Saturday that the U.S. is prepared to impose fresh energy sanctions on Russia , opens new tab, but only if all NATO nations cease purchasing Russian oil and implement similar measures. The EU is sticking to its deadline to phase out Russian oil and gas imports by 2028, it decided last week, despite pressure from the U.S. to move more quickly. Russia said on Sunday that it had fired a Zircon (Tsirkon) hypersonic cruise missile , opens new tab at a target in the Barents Sea and that Sukoi Su-34 supersonic fighter-bombers had carried out strikes as part of joint military exercises with Belarus. An oil company in Russia's Bashkortostan region will maintain production levels despite a drone attack on Saturday, regional governor Radiy Khabirov said. https://www.reuters.com/business/energy/ukraine-attacks-major-russian-refinery-with-big-drone-assault-2025-09-14/

0
0
2

2025-09-14 09:15

PARIS, Sept 14 (Reuters) - (This Sept 14 story has been corrected to say Sept 26, not Sept 25, in paragraphs 1 and 3 to reflect updated information from FNSEA) France's largest farm union FNSEA has called for a day of action on September 26 to protest against the planned EU-Mercosur free-trade deal with South American countries as well as U.S. tariffs, its president Arnaud Rousseau said in an interview with Le Journal du Dimanche. Sign up here. The union's plans increase the pressure on new Prime Minister Sebastien Lecornu, who already faces a day of protests and strikes called by French trade unions for September 18. "We are calling for a major day of action on September 26 across all regions against Mercosur and the taxes imposed by Donald Trump and the flow of international imports that do not respect our rules," Rousseau said. The European Commission presented the EU's trade accord with South America's Mercosur bloc for approval this month and appeared to be softening opposition from France with promises of possible limits on farm product imports. Asked what he expected from Lecornu, Rousseau said: "I expect from Mr Lecornu what I already expected from his predecessors: a vision and a direction to provide answers to an agricultural sector plagued by doubt, giving us the capacity to take action in order to guarantee the country's sovereignty, particularly its food sovereignty." https://www.reuters.com/sustainability/sustainable-finance-reporting/french-farmers-union-fnsea-calls-day-protest-2025-09-14/

0
0
2

2025-09-14 07:07

Russia's Kirishi oil refinery attacked Russia says over 80 drones downed Russia says the fire at Kirishi has been put out Ukraine says it carried out a 'successful strike' MOSCOW, Sept 14 (Reuters) - Ukrainian drones attacked the Kirishi oil refinery in Russia's northwest, one of the country's biggest, sparking a fire when debris fell from a shot-down drone, Russian officials said on Sunday. As big powers talk about how to end the deadliest conflict in Europe since World War Two, the drone war is heating up with Russian drones downed in NATO-member Poland and attacks by Ukraine against the oil refineries and pipelines of Russia, the world's second biggest oil exporter. Sign up here. Surgutneftegaz's (SNGS.MM) , opens new tab Kirishinefteorgsintez refinery, one of the top two refineries in Russia, was attacked by Ukrainian drones, Russian officials said. Alexander Drozdenko, the governor of the Leningrad region, said that three drones were destroyed in the Kirishi area and that a fire sparked by falling debris had been put out. He said no one was injured. Ukraine's drone command confirmed it attacked the refinery and said it had "carried out a successful strike". Reuters was unable to immediately verify the scale of the damage, if any, to the refinery. Kirishi refines about 17.7 million metric tons per year (355,000 barrels per day) of Russian crude, or 6.4% of the country's total. Russia said that more than 80 Ukrainian drones were destroyed overnight. An oil company in Russia's Bashkortostan region will maintain production levels despite a drone attack on Saturday, regional governor Radiy Khabirov said. https://www.reuters.com/business/energy/ukraine-attacks-major-russian-refinery-with-drones-sparking-fire-2025-09-14/

0
0
2

2025-09-14 02:46

MOSCOW, Sept 14 (Reuters) - A fire has been put out at the Kirishi oil refinery in Russia's northwest, one of the country's largest, after debris fell from a downed drone, Alexander Drozdenko, the governor of the Leningrad region said on Sunday. He said no one was injured. Sign up here. Surgutneftegaz's (SNGS.MM) , opens new tab, Kirishinefteorgsintez refinery is one of the top two refineries in Russia. It refines about 17.7 million metric tons per year (355,000 barrels per day) of Russian crude, or 6.4% of the country's total. https://www.reuters.com/business/energy/fire-put-out-russias-kirishi-oil-refinery-after-drone-attack-governor-says-2025-09-14/

0
0
3

2025-09-13 18:27

Two drones struck the site on Saturday, causing a fire Governor: operations will continue without reduction or stoppage Sept 13 (Reuters) - An oil company in Russia's Bashkortostan region will maintain production levels despite a drone attack on Saturday, regional governor Radiy Khabirov said. Ukraine has intensified strikes on Russian energy infrastructure in an effort to undermine Moscow’s military capabilities, as peace negotiations remain stalled. Sign up here. The attack triggered a fire at a facility operated by Bashneft (BANE.MM) , opens new tab, a subsidiary of Rosneft (ROSN.MM) , opens new tab, Russia's largest oil producer. Bashneft runs four major petrochemical and oil refining plants in the region. Khabirov did not specify which facility was targeted. "Both downed drones fell on the territory of the enterprise. In the first case, a small fire broke out, it was quickly extinguished. In the second case, the supply of technical water was interrupted," Khabirov said on Telegram. He added that there would be no reduction in output or operational stoppages, and the plant would continue functioning normally. His statement did not mention Ukraine. Unverified footage circulating on local Telegram channels showed an object flying into the facility, followed by a large fireball. The city of Ufa, where the facility is located, lies approximately 1,400 kilometers (870 miles) from the Ukrainian border. https://www.reuters.com/world/europe/oil-company-russias-bashkortostan-will-continue-output-after-drone-attack-2025-09-13/

0
0
3

2025-09-13 17:26

Trump says he is prepared to impose sanctions if NATO nations stop buying Russian oil Trump's handling of Russia-Ukraine conflict criticized Risks of sanctions include higher global oil prices BEDMINSTER, N.J., Sept 13 (Reuters) - President Donald Trump said on Saturday that the U.S. is prepared to impose fresh energy sanctions on Russia, but only if all NATO nations cease purchasing Russian oil and implement similar measures. “I am ready to do major sanctions on Russia when all NATO nations have agreed, and started, to do the same thing, and when all NATO nations stop buying oil from Russia,” Trump said in a social media post. Sign up here. In recent weeks, the U.S. has stepped up pressure on NATO countries to tighten energy sanctions on Russia in a bid to help end its war with Ukraine — a conflict Trump has struggled to bring to a close despite repeated threats of harsher penalties on Moscow and its partners. Trump has also faced criticism at home for repeatedly setting two-week deadlines for Russia to de-escalate and allowing them to pass without concrete action. An August Reuters/Ipsos poll found that 54% of Americans, including one in five of Trump's Republicans, believe the president is too closely aligned with Russia. "The EU has engaged - and will continue to engage - with all relevant global partners in the context of its sanctions against Russia, and enforcement of same," a spokesperson for the European Commission, the executive arm of the European Union, said in a statement on Saturday. EU President Ursula von der Leyen said this week in her State of the Union address that any new sanctions package would be in line with EU rules, including "the long-held principle that our sanctions do not apply extra-territorially." The Group of Seven nations' finance ministers in a Friday call discussed , opens new tab further sanctions on Russia and possible tariffs on countries they consider "enabling" its war in Ukraine. Energy revenues remain the Kremlin’s single most important source of cash to finance the war effort, making oil and gas exports a central target of Western sanctions. But officials and analysts warn that aggressive curbs on Russian crude also carry risks of driving up global oil prices, a prospect that could strain Western economies and weaken public support for the measures. Since 2023, NATO member Turkey has been the third-largest buyer of Russian oil, after China and India, according to the Centre for Research on Energy and Clean Air. Other members of the 32-state alliance involved in purchasing Russian oil include Hungary and Slovakia. Trump, who is spending the weekend at his Bedminster, New Jersey, golf club, said NATO, acting as a bloc, should impose tariffs of 50% to 100% on Chinese imports, a move he argued would weaken Beijing’s economic grip on Moscow. Trump has imposed an extra 25% tariff on imports from India to pressure New Delhi to halt its purchases of discounted Russian crude oil, bringing total punitive duties on Indian goods to 50% and souring trade negotiations between the two democracies. But Trump has refrained from imposing additional tariffs on Chinese imports over China's purchases of Russian oil, as his administration navigates a delicate trade truce with Beijing. https://www.reuters.com/business/energy/trump-presses-nato-nations-halt-russian-oil-purchases-2025-09-13/

0
0
2