• Ukrainian Forces sink Russian missile ship in Sevastopol using ATACMS missiles

    A Russian small missile ship, the Tsiklone, has been reportedly sunk at its berth in Sevastopol following an attack by ATACMS missiles, according to Russian media sources. The incident, reported by Russian news outlet ASTRA, took place as the ship was docked .

    Reports indicated that six servicemen of the Russian Black Sea Fleet lost their lives, and eleven more were injured due to the missile strike. Confirmations of another missile carrier's absence in the annexed Crimea surfaced following …

  • Ukrainian Navy sinks Russian minesweeper in Sevastopol

    In the early hours of May 19, a vessel from the Russian Federation’s Black Sea Fleet, the minesweeper 266-M "Kovrovets", was sunk in the Russian-occupied Sevastopol. The Ukrainian Navy officially reported the destruction of the Russian ship.

    "The Ukrainian Navy, along with our brothers-in-arms, continues to bring us closer to victory," the statement reads.

    Residents of Sevastopol reported significant explosions near the Engineering Bay during the night. This led to rumors of multiple strikes …

  • Ukrainian drones target key Russian assets: airfield and oil refinery attacked in coordinated strikes

    Ukrainian special services have reportedly carried out drone attacks on a military airfield and an oil refinery in Russia, with details of the operations provided by Ukraine’s Security Service (SBU) and the Defence Intelligence of Ukraine (GUR).

    Sources within the SBU have confirmed that explosions at the Kushchevskaya airfield and the Slavyansk oil refinery in Russia's Krasnodar region were the result of Ukrainian drone strikes. The agency humorously referred to these incidents as " …

  • Moscow court annuls $142 million IKEA deal amid sanctions, confiscates funds to state budget

    A commercial transaction involving OOO "Torg", the Russian entity of Swedish company IKEA, and its affiliated Irish firm Fami Limited, valued at 12.9 billion rubles ($142 million) ( for goods sold in Russia, has been annulled by the Moscow Region Arbitration Court. This amount is now mandated to be transferred to the Russian state budget, as reported by Russian-language media on Saturday, May 18.

    According to reports, the court's decision in response to a lawsuit filed by the Federal Tax …

  • Russian court seizes Deutsche Bank's assets amid legal dispute over EU sanctions compliance

    Arbitration Court of St. Petersburg and the Leningrad Region has seized assets, accounts, and securities of Deutsche Bank and its subsidiaries in Russia, amounting to €238.61 million, following a claim by Ruskhimalyans.

    Ruskhimalyans, a company established by Gazprom and Rusgazdobycha, operates the gas processing and liquefaction project in Ust-Luga. Deutsche Bank served as one of the guarantors for the Ruskhimalyans contract alongside Turkish Renaissance Heavy Industries and German Linde for …