The Last 24
✓ Verified publishers only
Saturday, 04 July 2026

✓ Verified source: Reuters · 12:23 IST · Saturday, 04 July 2026

Ukraine Strikes Port and Oil Terminal Near St Petersburg in Major Drone Attack

Ukraine Strikes Port and Oil Terminal Near St Petersburg in Major Drone Attack
Photo: A.Savin / Wikimedia Commons via Pexels (free license)

Key facts

  • Ukraine struck a port and oil terminal in St Petersburg region
  • Russian officials confirmed hits on oil and military facilities
  • One of Ukraine's deepest long-range drone strikes of the war

Ukraine struck a port and oil terminal in Russia's St Petersburg region in what officials and multiple news agencies described as a major drone attack, hitting oil and military facilities near one of Russia's most strategically and symbolically important cities. The scale and reach of the operation mark a significant escalation in Ukraine's long-range strike campaign.

Russian officials confirmed the attack, acknowledging hits on infrastructure in the St Petersburg region. Ukraine has been steadily expanding the geographic scope of its drone offensives, targeting oil refineries, fuel depots and military logistics nodes deep inside Russian territory in a bid to degrade Moscow's war economy and sustain political pressure domestically.

The choice of targets — port and oil terminal facilities — is tactically deliberate. Russia's energy exports remain a critical source of revenue funding its military operations, and disrupting oil logistics near a major port inflicts both economic and logistical damage.

For India, which has been importing discounted Russian crude oil in substantial volumes since the start of the war, any disruption to Russian oil export infrastructure is worth monitoring. Higher global oil prices or constrained Russian supply could reduce the cost advantage India has enjoyed, with knock-on effects on inflation and the current account deficit.

Read the full story at Reuters →

This is a summary brief. Original reporting and all facts: Reuters.

Ad space