economy
March 20, 2026
Kremlin warns Ukrainian drone attacks on Russian gas hubs could destabilize energy markets amid Iran war
Ukrainian drone raids on Russian gas infrastructure could spell disaster for energy markets amid the Iran war, Kremlin spokesman Dmitry Peskov has warned
TL;DR
- Ukraine has increased drone attacks on compressor stations linked to the TurkStream and Blue Stream gas pipelines.
- Gazprom reported 22 drones targeting the Russkaya station and others, but stated all were intercepted with no damage.
- Kremlin spokesman Dmitry Peskov warned these attacks could globally destabilize energy markets already in a precarious state.
- The drone raids occurred amid escalated conflict involving Iran and US-Israeli forces targeting Iranian energy infrastructure.
- This has contributed to a nearly 30% surge in gas prices, exacerbated by the closure of the Strait of Hormuz.
- Moscow has previously accused Kyiv of attempting to sabotage these pipelines, with Putin suggesting Western intelligence involvement.
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