Ukrainian drones hit oil depot in Russia's Pskov region, Kyiv says
Published by Global Banking & Finance Review®
Posted on February 19, 2026
1 min readLast updated: February 19, 2026

Published by Global Banking & Finance Review®
Posted on February 19, 2026
1 min readLast updated: February 19, 2026

Ukraine’s SBU says drones struck an oil depot in Russia’s Pskov region, sparking a fire in Velikiye Luki. The strike aims to pressure Russian logistics and underscores risks to energy infrastructure watched by markets.
KYIV, Feb 19 (Reuters) - Ukrainian drones hit a Russian oil depot in the western region of Pskov, causing explosions and a fire, an official from Ukraine's SBU security service said on Thursday.
"The destruction of oil depots directly affects the enemy's ability to conduct combat operations, advance and move staff reserves. Such operations are part of a systematic weakening of Russia's military potential," the official told Reuters.
(Reporting by Tom BalmforthWriting by Olena HarmashEditing by David Goodman)
Ukraine’s SBU says its drones struck an oil depot in Russia’s Pskov region, igniting a fire in the city of Velikiye Luki. Kyiv frames the strike as part of efforts to weaken Russia’s military logistics.
Attacks on Russian oil infrastructure can disrupt supply chains, elevate geopolitical risk premia, and influence crude and refined product prices, refining margins, and freight flows.
Initial reports indicated a fire at a fuel tank and no immediate casualties. Authorities said the blaze was contained, with assessments of damage and operational impact ongoing.
Ukraine has used long-range drones to target energy and military sites inside Russia to strain logistics, reduce fuel availability for the military, and increase economic costs.
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