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    Home > Finance > Russian strikes on Ukraine kill four, knock out heat and power
    Finance

    Russian strikes on Ukraine kill four, knock out heat and power

    Published by Global Banking & Finance Review®

    Posted on January 12, 2026

    3 min read

    Last updated: January 19, 2026

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    Tags:insurancefinancial crisisinternational organizationsemerging marketseconomic growth

    Quick Summary

    Russian strikes on Ukraine kill four and cause power outages, impacting energy infrastructure and leaving millions in the cold.

    Table of Contents

    • Overview of Recent Russian Attacks
    • Impact on Energy Infrastructure
    • Casualties and Damage Reports
    • Responses from Ukrainian Officials

    Russian Missile Strikes on Ukraine Result in Fatalities and Power Outages

    Overview of Recent Russian Attacks

    By Pavel Polityuk and Olena Harmash

    Impact on Energy Infrastructure

    KYIV, Jan 13 (Reuters) - Russia struck cities across Ukraine with missiles and drones overnight in one of its biggest attacks of the New Year so far, killing at least four people and knocking out heat and power, exposing millions to dangerous winter cold.

    Casualties and Damage Reports

    President Volodymyr Zelenskiy said Russia had launched nearly 300 drones, 18 ballistic missiles, and seven cruise missiles during overnight attacks on eight Ukrainian regions.

    Responses from Ukrainian Officials

    The main targets were energy-generation facilities and substations, Zelenskiy said in a post on the Telegram app.

    "Every such strike against life is a reminder that support for Ukraine cannot be stopped. Missiles for air defence systems are needed every day, and especially during winter."

    Ukrainian air defence units shot down 247 drones and seven missiles, the air force said. It also said on the Telegram app that missiles and drones caused damage at 24 sites.

    Emergency power cuts were introduced in the capital Kyiv and also in the Chernihiv, Odesa, Kharkiv, Dnipropetrovsk, Zaporizhzhia and Donetsk regions, the Energy Ministry said.

    DTEK, the country's largest private energy company, said the Russian attack heavily damaged equipment at one of its thermal power plants.

    ELECTRICITY CUTS OFF IN FREEZING TEMPERATURES

    Russia has relentlessly targeted Ukraine's energy system throughout the conflict, claiming attacks on civil infrastructure are justified to impair Ukraine's war effort. Kyiv says Moscow's aim is to inflict suffering to break the national will.

    Ukrainian officials say the war's fourth winter is shaping up to be the coldest and darkest yet, with Russian strikes intensified, years of cumulative damage taking a toll and the weather dangerously cold even for Ukraine's climate.

    Temperatures are hovering at about -13 Celsius (9 F) in Kyiv where residents have endured days with interrupted electricity and heating supplies after the last big Russian strike last week.

    Weeks before the fourth anniversary of Russia's full-scale invasion, diplomatic efforts to end the war have brought no tangible results and Russian troops are slowly advancing in Ukraine's eastern Donetsk region in costly battles.

    Russia's Defence Ministry said that its troops carried out a massive strike targeting military-industrial facilities in Ukraine.

    In the city of Kharkiv, 30 km (18 miles) from the border with Russia and a frequent target, four people were killed during the attacks when a postal terminal was hit by several missiles and drones, said regional governor Oleh Syniehubov.

    "We faced a mass Shahed and missile attack," said Syniehubov, referring to Iranian-designed drones. "More than 30 people were wounded. Four people were killed on site."

    In the southern port city of Odesa, at least five people were injured as a result of the overnight Russian attack, the emergency service said. It reported fires at an unused new building, a fitness centre and a vocational school.

    Two people were injured as a result of a Russian attack on the industrial city of Kryvyi Rih in central Ukraine which damaged civilian infrastructure, homes and gas pipelines, the region's governor said.

    (Additional reporting by Lidia Kelly, Alexandar Vasovic; Editing by Peter Graff)

    Key Takeaways

    • •Russian strikes on Ukraine result in four deaths.
    • •Energy infrastructure severely impacted.
    • •Emergency power cuts in multiple regions.
    • •Ukraine's coldest winter due to ongoing conflict.
    • •Diplomatic efforts show no progress.

    Frequently Asked Questions about Russian strikes on Ukraine kill four, knock out heat and power

    1What is a financial crisis?

    A financial crisis is a situation where financial assets suddenly lose a large part of their nominal value. It can lead to a loss of confidence in financial institutions and markets, often resulting in economic downturns.

    2What is insurance?

    Insurance is a financial product that provides protection against financial loss or risk. It involves the transfer of risk from an individual or business to an insurance company in exchange for premium payments.

    3What are emerging markets?

    Emerging markets are economies that are in the process of rapid growth and industrialization. They often have lower income levels compared to developed countries but show potential for significant economic development.

    4What are international organizations?

    International organizations are entities established by multiple countries to promote cooperation and address global issues. Examples include the United Nations, World Bank, and International Monetary Fund.

    5What is economic growth?

    Economic growth refers to an increase in the production of goods and services in an economy over time. It is typically measured by the rise in Gross Domestic Product (GDP).

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