Headlines
Russia says Ukraine launched major drone attack, including on Moscow
Published by Global Banking and Finance Review
Posted on December 11, 2025
2 min readLast updated: January 20, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on December 11, 2025
2 min readLast updated: January 20, 2026
Ukraine launched a major drone attack on Moscow, downing 287 drones. Russia diverted flights from its main airports as tensions in the conflict escalate.
MOSCOW, Dec 11 (Reuters) - Russia said on Thursday that Ukraine had launched a major aerial attack with at least 287 drones downed over a number of regions including Moscow.
Russia's defence ministry said at least 40 drones were shot down over the Moscow region, which along with the city itself has a population of more than 22 million.
The extent of the damage was not immediately clear but flights were diverted from at all of Moscow main airports.
Russia invaded Ukraine in February 2022 and currently controls a little under one fifth of Ukrainian territory.
Russia has pummelled its smaller neighbour with missiles and drones, recently targeting its energy sector. Ukraine this year sought to knock out Russian oil refineries and oil terminals with drones.
Ukrainian sea drones on Wednesday hit and disabled a tanker involved in trading Russian oil as it sailed through Ukraine's exclusive economic zone in the Black Sea to the Russian port of Novorossiysk, a Ukrainian official said.
War insurance costs for ships sailing to the Black Sea have spiked, with insurers reviewing policies daily as the conflict in Ukraine spills into sea lanes.
(Reporting by Reuters; Editing by Chris Reese and Stephen Coates)
A drone attack involves the use of unmanned aerial vehicles (drones) to deliver weapons or conduct surveillance. These attacks are often used in military operations.
Foreign currency refers to the money used in a country other than one's own. It is essential for international trade and investment.
Risk management is the process of identifying, assessing, and controlling threats to an organization's capital and earnings. It is crucial for financial stability.
Insurance is a financial product that provides protection against potential future losses or damages in exchange for regular premium payments.
Financial services encompass a broad range of services provided by the finance industry, including banking, investment, insurance, and asset management.
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