Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Ukraine reports strikes on Russian oil refinery, Caspian port hub
    Headlines

    Ukraine reports strikes on Russian oil refinery, Caspian port hub

    Ukraine reports strikes on Russian oil refinery, Caspian port hub

    Published by Global Banking and Finance Review

    Posted on August 15, 2025

    Featured image for article about Headlines

    KYIV (Reuters) -Ukraine struck the Syzran oil refinery in Russia's Samara region in an overnight attack and also hit a Caspian Sea port and cargo vessel used to transport military supplies from Iran to Russia the previous day, Kyiv said on Friday.

    The strikes came hours before a summit between U.S. President Donald Trump and Russia's Vladimir Putin in Alaska to discuss the war in Ukraine, to which Ukraine has not been invited, and as Russia grinds out gains in Ukraine's east.

    Facing regular Russian missile and drone attacks, Ukraine has directed the majority of its deep strikes against Russian oil refineries and unspecified "storage facilities" this year, according to new General Staff data published on Friday.

    The Ukrainian military did not confirm if it used drones - as usual - for its latest two long-range attacks. It says its deep strike campaign aims to degrade Russia's capacity to wage the full-scale war it launched in February 2022.

    In a statement on the Telegram messaging app, Kyiv's military said its strike caused a fire and explosions at the Syzran refinery, which it said produces a range of fuels and is one of the biggest in oil company Rosneft's network.

    Samara's regional governor said a drone attack caused a fire at an unspecified "industrial enterprise" in his region, but that it had been put out quickly. The Russian defence ministry said it had shot down Ukrainian drones over nine regions.

    The Ukrainian military also said it struck the Caspian port of Olya in Russia's Astrakhan region on Thursday, hitting a ship that had been transporting drone parts and ammunition from Iran.

    The vessel "Port Olya-4" regularly transits the Caspian Sea, bringing cargo between Iran and Russia, according to the U.S. Treasury Department and Ukrainian military intelligence.

    Russia uses the Olya port as an important logistics hub for the supply of military goods from Iran, the Ukrainian military said in a statement on Friday.

    Last September, the U.S. Treasury and State Department imposed sanctions on ships and companies it said were involved in supplying Moscow with Iranian weapons.

    Terminals and ports comprised 7% of Ukraine's successful strikes on Russian territory since the beginning of 2025, the Ukrainian military said.

    Most of the Ukrainian deep strikes took place over a range between 200 and 1,000 kilometres (124 to 621 miles), it added. Ukraine estimated that its strikes dealt $74.1 billion in damages this year, but did not provide details on its calculations.

    Reuters could not independently verify the Ukrainian military's claims.

    (Reporting by Anastasiia Malenko. Editing by Tom Balmforth and Mark Potter)

    Related Posts
    VW management to continue cost cutting
    VW management to continue cost cutting
    Parliament of Swiss canton Fribourg votes to ban mobile phones at school
    Parliament of Swiss canton Fribourg votes to ban mobile phones at school
    EU countries approve year-long delay to deforestation law
    EU countries approve year-long delay to deforestation law
    Italy economy minister denies any interference in MPS's bid for Mediobanca
    Italy economy minister denies any interference in MPS's bid for Mediobanca
    Italian judge drops Genoa dam case against Webuild CEO
    Italian judge drops Genoa dam case against Webuild CEO
    Soccer-Ex-player Ebanks-Blake wins first stage of UK lawsuit against surgeon
    Soccer-Ex-player Ebanks-Blake wins first stage of UK lawsuit against surgeon
    Searches under way in probe involving French Culture Minister Dati
    Searches under way in probe involving French Culture Minister Dati
    Finland's far-right party reprimands two MPs over racism scandal
    Finland's far-right party reprimands two MPs over racism scandal
    ECB's Lagarde 'fully confident' EU will agree reparation loan plan for Ukraine
    ECB's Lagarde 'fully confident' EU will agree reparation loan plan for Ukraine
    Prosecutor finds no reason to reopen case of unsolved 1986 murder of Swedish PM Olof Palme
    Prosecutor finds no reason to reopen case of unsolved 1986 murder of Swedish PM Olof Palme
    New frescoes unearthed in villa near Pompeii show 'extraordinary details and colours'
    New frescoes unearthed in villa near Pompeii show 'extraordinary details and colours'
    Israel, Germany sign $3.1 billion contract expansion for Arrow air defence system
    Israel, Germany sign $3.1 billion contract expansion for Arrow air defence system

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Headlines

    Explore more articles in the Headlines category

    Britain imposes more sanctions on Russia's energy sector

    Britain imposes more sanctions on Russia's energy sector

    Asked about NATO, Zelenskiy says Ukraine should not change its constitution

    Asked about NATO, Zelenskiy says Ukraine should not change its constitution

    EU leaders to propose Ukraine reparations loan using Russia's frozen assets under conditions - draft document

    EU leaders to propose Ukraine reparations loan using Russia's frozen assets under conditions - draft document

    France drafts in army for cattle vaccination to defuse farmer protests

    France drafts in army for cattle vaccination to defuse farmer protests

    Belarus has deployed Russia's Oreshnik missile, Lukashenko says

    Belarus has deployed Russia's Oreshnik missile, Lukashenko says

    Russia has equipped a brigade with new Oreshnik missiles, TASS quotes top general as saying

    Russia has equipped a brigade with new Oreshnik missiles, TASS quotes top general as saying

    Exclusive-Russia orders Russian Railways to sell $2.4 billion Moscow Towers to pay debts, three sources say

    Exclusive-Russia orders Russian Railways to sell $2.4 billion Moscow Towers to pay debts, three sources say

    Belgian farmers in anti-trade protest clash with police

    Belgian farmers in anti-trade protest clash with police

    UK actors vote to reject digital scans in AI rights push, echoing Hollywood battles

    UK actors vote to reject digital scans in AI rights push, echoing Hollywood battles

    Putin's spymaster spoke by phone with new MI6 chief, TASS reports

    Putin's spymaster spoke by phone with new MI6 chief, TASS reports

    UK pauses trials of Ajax in new setback for army fighting vehicle

    UK pauses trials of Ajax in new setback for army fighting vehicle

    Germany signs $2.35 billion armoured vehicle deal with Finland's Patria

    Germany signs $2.35 billion armoured vehicle deal with Finland's Patria

    View All Headlines Posts
    Previous Headlines PostRights groups sue German ministers over deportation of Afghans from Pakistan
    Next Headlines PostMali arrests generals, French national accused in alleged destabilisation plot