Russia says it hit Kyiv bridge, two vessels in Black Sea

Russia has announced that it has launched strikes on a bridge in Kyiv, as well as two vessels in the Black Sea. This escalation comes after Ukrainian President Volodymyr Zelenskyy stated that Kyiv would increase attacks on Russian oil refineries. The situation is likely to heighten tensions between the two countries, potentially affecting global energy markets and trade. This could lead to increased volatility in oil prices and impact the global economy.

Why it matters

The escalation of strikes on Ukraine by Russia increases geopolitical tensions and uncertainty, which can lead to a decline in investor sentiment and a decrease in risk appetite. This can result in a negative impact on global markets, particularly on risk

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