‘Ukraine’s long-range strikes cut Russia’s oil refining capacity by 20%’

# Kyiv

Ukraine’s long-range strikes on refineries inside Russia have reduced Moscow’s oil refining capacity by 20 per cent, Ukrainian President Volodymyr Zelenskyy said, citing intelligence from Western governments.

Over 90 pr cent of those deep strikes on Russian soil were carried out by Ukrainian-made long-range weapons, according to Zelenskyy. He said Ukraine needs additional foreign financial help to produce more of them.

“We just need to work on this every day,” he said in comments to the media on Monday that were embargoed until Tuesday. Oil exports play a key role in funding Russia’s invasion of its neighbour Ukraine. While Ukrainian weapons take aim at the refineries, new sanctions from the US and the European Union are aiming to cut into Moscow’s oil and gas export earnings.AP