XM does not provide services to residents of the United States of America.

Russian air strike causes more damage to Ukraine's power grid

<html xmlns="http://www.w3.org/1999/xhtml"><head><title>UPDATE 3-Russian air strike causes more damage to Ukraine's power grid</title></head><body>

Adds comments from DTEK CEO in paragraphs 6 and 7

By Anastasiia Malenko and Tom Balmforth

KYIV, June 20 (Reuters) -Russia launched a new barrage of missiles and drones at Ukraine in the early hours of Thursday, causing "significant" damage to a thermal power plant and maintaining pressure on the electricity grid, Ukrainian officials said.

The attack on energy infrastructure in four regions damaged equipment, wounded seven workers and cut off electricity to more than 218,000 consumers, the energy ministry said.

The attacks, Kyiv says, have knocked out half of Ukraine's energy generating capacity since March and forced rolling blackouts. Moscow has said energy facilities are a legitimate military target and that some of the strikes were retaliation for Ukrainian attacks on Russian territory.

Officials in Kyiv have for months been appealing to Ukraine's allies to supply more air defences against the air strikes carried out by Russia throughout the nearly 28-month-old full-scale invasion.

The Ukrainian air force said it shot down five out of nine missiles and all 27 drones launched by Russia over 10 Ukrainian regions during Thursday's attack.

Private power company DTEK said one of its thermal power plants suffered significant damage during what it said was the seventh large-scale attack on its infrastructure since March 22.

"Enemy missiles hit a DTEK power station already damaged in previous attacks... We urgently need to close our skies or Ukraine faces a serious crisis this winter. My plea to allies is to help us defend our energy system and rebuild in time," said the company's CEO, Maxim Timchenko.

National grid operator Ukrenergo said the attack would lead to an increase in scheduled blackouts on Thursday.

The military said the attack mostly targeted eastern Ukraine and in particular the Dnipropetrovsk region.

Dnipropetrovsk's governor said five drones and four missiles were shot down over the region. Three men were wounded in the attack, which also damaged seven homes, he said.

Serhiy Popko, head of Kyiv's military administration, said air defences shot down all incoming aerial targets on their approach to the capital, and no damage or injuries were reported in the city.

Air defences also downed four drones over the central region of Vinnytsia, where debris damaged a critical infrastructure object, the regional governor said without identifying it.

Reporting by Anastasiia Malenko and Tom Balmforth; Editing by Christian Schmollinger, Stephen Coates, Timothy Heritage and Shinjini Ganguli


Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.