Ukraine army commander in chief, Valeriy Zaluzhnyi, posted a video on Telegram proclaiming that “the time has come to reclaim what is ours.” The bid to retake occupied territory in the nation’s east and southeast is “ready to begin” and could start “tomorrow, the day after tomorrow or in a week,” said Oleksiy Danilov, secretary of the National Security and Defence Council of Ukraine, told the BBC.
(Bloomberg) — Ukraine army commander in chief, Valeriy Zaluzhnyi, posted a video on Telegram proclaiming that “the time has come to reclaim what is ours.” The bid to retake occupied territory in the nation’s east and southeast is “ready to begin” and could start “tomorrow, the day after tomorrow or in a week,” said Oleksiy Danilov, secretary of the National Security and Defence Council of Ukraine, told the BBC.
Skirmishes continue around Ukraine’s contested city of Bakhmut, although a military spokesman for Kyiv said there’s been lower Russian activity in the past day, allowing some troops to advance by as much as 400 meters. Wagner Group mercenaries are still present in the area, according to Ukraine. Russia’s defense ministry said it continues air and artillery strikes in Ukraine’s east.
Ukraine’s military intelligence claimed Russia is planning “large scale provocations” around the occupied Zaporizhzhia nuclear power plant. Hundreds of German government employees based in Russia will be expelled in the latest round of diplomatic tensions between the two former major trading partners. Zelenskiy signed a decree to impose sanctions on 220 Russian and Belarusian entities as well as 51 individuals.
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Markets
Oil rose Friday and posted a modest weekly gain. Supply dynamics remain in focus, with Saudi Arabia and Russia having offered conflicting statements this week on the potential for more production cuts from OPEC and its allies.
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