Ukraine strikes Russian refinery near Moscow with new Flamingo missile

Ukraine has launched a long-range strike using its new Flamingo missile, targeting a Russian oil refinery near Moscow. This development, reported by the New York Post, marks a significant event in the ongoing conflict between Russia and Ukraine, showcasing Ukraine’s enhanced reach in targeting high-value infrastructure within Russian territory. The attack is part of a broader strategy by Ukraine to counter Russian military actions, which have included frequent missile and drone assaults on Ukrainian soil. This action may indicate a shift in the dynamics of the war, highlighting Ukraine’s capability to strike deep into Russian territory. Key Takeaways The recent missile strike by Ukraine on a Russian oil refinery suggests an escalation in the conflict, potentially affecting regional stability. Market pricing indicates an increased likelihood of a NATO-Russia military clash by the end of 2026, reflecting heightened tensions. Observers note that the capability to target strategic sites within Russia could influence future military and diplomatic maneuvers. What to Watch Markets appear focused on whether this escalation will trigger a broader conflict involving NATO forces. Key actors ...