Ukraine Recap: Russia Hikes Age Limits for Military Mobilization

Russian President Vladimir Putin signed a law Monday raising the age limit for troops in reserve units who can be mobilized, the latest sign of strain being felt by the military.

(Bloomberg) — Russian President Vladimir Putin signed a law Monday raising the age limit for troops in reserve units who can be mobilized, the latest sign of strain being felt by the military. 

Senior officers up to 65 years of age can now be mobilized, with the limit for junior officers moving up to 60. On Tuesday, the Duma will also consider a bill that would raise the age limit for the draft from 27 to 30.

Russia used a wider variety of weapons, including, Iranian-made Shahed drones, to attack Danube River port infrastructure, ruining a grain storage and damaging reservoirs for other cargo storage during the night, the military said. Seven people were injured in the overnight attack, Odesa’s regional governor said on Telegram.

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Markets

Wheat in Chicago rose as much as 6.9% on Monday, extending gains of more than 5% last week, in response to Russia’s fresh missile barrage against Odesa over the weekend. It was the largest in a string of almost daily strikes on the Black Sea port city after Moscow pulled out of an agreement allowing Ukrainian crop exports.

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