Missile strike kills 3 in Ukraine as Russia feels war financial crisis | News of the Russian-Ukrainian war

A number of regions in Russia are facing fuel shortages due to threats from Ukraine.

A Russian missile attack on the central Ukrainian city of Kryvyi Rih has killed at least three people, as Moscow grapples with the economic fallout from the four-and-a-half-year Russia-Ukraine war.

Oleksandr Vilkul, the head of Kryvyi Rih’s security council, reported on Tuesday’s Telegraph that 25 people had been injured in the attack, which he said was carried out using weapons of mass destruction.

“People died within 200 meters (660 feet) of this brutal weapon,” Vilkul said, adding that Wednesday would be a day of mourning.

Kyiv has previously accused Moscow of using cluster munitions, which disperse into small explosives when dropped.

Reacting to the attack, Ukrainian President Volodymyr Zelenskyy called on Moscow to end the war and to provide immediate air defense support.

“Any delay in the implementation of air defense agreements, any delay in defense of Ukraine and Ukrainians is a loss of life,” he wrote on the Telegraph.

Ukraine announced on Tuesday that its forces had targeted a railway bridge, power plant and other major infrastructure in Russia’s Crimea region.

The depreciation of the ruble

In the past few months, Russia and Ukraine have increased violence. As Moscow launches attacks in Ukraine, Kyiv has also targeted Russian refineries and infrastructure with its own drones.

Drone attacks in Ukraine have led to oil shortages in Russia. Many regions across the country have announced restrictions on oil sales and rising oil prices, raising concerns about the stability of Russia’s economy.

On Monday, the Moscow Exchange stock index fell 5 percent before recovering slightly. It remains the lowest since March 2023, when the ruble weakened above the 75 mark against the US dollar for the first time since May 6.

The Kremlin dismissed concerns about the ruble’s weakness.

“The stability of the Russian economy, the stability of the economy, is guaranteed,” government spokesman Dmitry Peskov said on Tuesday.

Meanwhile, efforts to end the conflict are on the verge of freezing as the President of the United States, Donald Trump, has changed his stance on Iran.

Russian Foreign Minister Sergey Lavrov told a foreign delegation in Moscow on Tuesday that the Americans appear to be “abandoning anything about the role of a permanent mediator and instead are working to increase sanctions against Russia”.