Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Commodities»Power restored to 800,000 in Kyiv after major Russian strikes on Ukraine’s energy grid
    Commodities

    Power restored to 800,000 in Kyiv after major Russian strikes on Ukraine’s energy grid

    October 11, 20253 Mins Read


    Power was restored to over 800,000 residents in Kyiv on Saturday, a day after Russia launched major attacks on the Ukrainian power grid that caused blackouts across much of the country, and European leaders agreed to proceed toward using hundreds of billions of frozen Russian assets to support Ukraine’s war effort.

    Ukraine’s largest private energy company, DTEK, said “the main work to restore the power supply” had been completed, but that some localized outages were still affecting the Ukrainian capital following Friday’s “massive” Russian attacks.

    Russian drone and missile strikes wounded at least 20 people in Kyiv, damaged residential buildings and triggered blackouts across swaths of Ukraine early Friday.

    Prime Minister Yulia Svyrydenko described the attack as “one of the largest concentrated strikes” against Ukraine’s energy infrastructure.

    Russia’s Defense Ministry on Friday said the strikes had targeted energy facilities supplying Ukraine’s military. It did not give details of those facilities, but said Russian forces used Kinzhal hypersonic missiles and strike drones against them.

    Ukraine’s air force said Saturday that its air defenses intercepted or jammed 54 of 78 Russian drones launched against Ukraine overnight, while Russia’s defense ministry said it had shot down 42 Ukrainian drones over Russian territory.

    At least two people were killed and five wounded in airstrikes on Kostiantynivka, a city in Ukraine’s Donetsk region Saturday, regional Gov. Vadim Filashkin said.

    Ukrainian President Volodymyr Zelenskyy said Saturday that he had a “very positive and productive” phone call with U.S. President Donald Trump.

    In a post on X, Zelenskyy said he told Trump about Russian attacks on Ukraine’s energy system, and that the two discussed opportunities to strengthen Ukraine’s air defense. “There needs to be readiness on the Russian side to engage in real diplomacy — this can be achieved through strength,” Zelenskyy wrote.

    Ukraine’s energy sector has been a key battleground since Russia launched its all-out invasion more than three years ago.

    Each year, Russia has tried to cripple the Ukrainian power grid before the bitter winter season, apparently hoping to erode public morale. Winter temperatures run from late October through March, with January and February the coldest months.

    Zelenskyy said in his nightly address Friday that Russia was taking advantage of the world being “almost entirely focused on the prospect of establishing peace in the Middle East,” and called for strengthening Ukraine’s air defense systems and tighter sanctions on Russia.

    “Russian assets must be fully used to strengthen our defense and ensure recovery,” he said in the video, posted to X.

    Meanwhile, British Prime Minister Keir Starmer, French President Emmanuel Macron and German Chancellor Friedrich Merz said in a joint statement on Friday they were ready to move toward using “in a coordinated way, the value of the immobilized Russian sovereign assets to support Ukraine’s armed forces and thus bring Russia to the negotiation table.”

    The statement added they aimed to do this “in close cooperation with the United States.”

    Ukraine’s budget and military needs for 2026 and 2027 are estimated to total around 130 billion euros ($153 billion). The European Union has already poured in 174 billion euros (about $202 billion) since the war started in February 2022.

    The biggest pot of ready funds available is through frozen Russian assets, most of which is held in Belgium — around 194 billion euros ($225 billion) as of June – and outside the EU in Japan, with around $50 billion, and the U.S., the United Kingdom and Canada with lesser amounts.

    ___

    Follow AP’s coverage of the war in Ukraine at https://apnews.com/hub/russia-ukraine



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Metal Gear Solid Delta 3’s Fox Hunt Mode Is Live With New Update

    Commodities

    burning gas to go green – The Irish Times

    Commodities

    Groww IPO to fund expansion into wealth, PMS and commodities

    Commodities

    Another metal just hit a record high — and it’s not gold

    Commodities

    Shell Renews $3.5 Billion Quarterly Buyback Program as Earnings Rise — Commodities Roundup

    Commodities

    Metal stock zooms 18% even as BSE sheds nearly 600 points, NSE slipped below 25,900

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Cryptocurrency

    Cryptocurrency For New Investors To Buy For Quick 10x Profits in 2024

    Commodities

    China Carbon Neutral en pourparlers pour acquérir une société de biotechnologie

    Stock Market

    A $7-Trillion Cash Wave Is About To Flood Dividend Stocks

    Editors Picks

    United Utilities invests £350m in Trafford wastewater treatment

    August 7, 2025

    Colorado’s soil health program takes a hit as the federal government pulls millions in funding from the Climate Smart Commodities grant 

    August 1, 2025

    Hyperscale Data Subsidiary Ault Markets to Launch U.S.-Based Global Decentralized Cryptocurrency Exchange

    July 1, 2025

    Haïti placée dans le pot 2

    March 26, 2025
    What's Hot

    Klarna’s IPO: Here’s Who’s Getting Rich

    September 10, 2025

    Au sommet, Stripe est rentable pour la première fois

    February 28, 2025

    Transcript : Mastercard Incorporated Presents at Barclays 15th Annual Emerging Payments and FinTech Forum, May-19-2025 09

    May 19, 2025
    Our Picks

    The trade war looms over mortgage decisions as much as investments

    May 1, 2025

    How technology in the FCS might affect a team’s preparation and in-game adjustments

    August 23, 2025

    Copper Jumps as Freeport Declares Force Majeure at Grasberg – Bloomberg.com

    September 24, 2025
    Weekly Top

    Groww IPO to fund expansion into wealth, PMS and commodities

    October 30, 2025

    Another metal just hit a record high — and it’s not gold

    October 30, 2025

    Adaptability In Retirement Means Navigating The Information Age With Confidence

    October 30, 2025
    Editor's Pick

    The Digital Euro & Co.: Does Europe Really Need a New Payment System?

    April 7, 2025

    Top 10 Gainers of This Week

    October 19, 2024

    3 Coins Under $0.55 That May Give Major Returns

    October 22, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.