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Ukraine Strikes Russian Energy Hubs with Missiles and Drones

A n artilleryman of the 44th Separate Artillery Brigade, named after Hetman Danylo Apostol, of the Armed Forces of Ukraine, carries a cartridge as he prepares to fire a M777 Howitzer towards Russian troops. On December 25, 2025 , Ukraine launched a coordinated assault on Russian energy infrastructure, deploying Storm Shadow cruise missiles alongside long-range drones . According to the Ukrainian General Staff, the strikes hit the Novoshakhtinsk oil refinery in Russia’s Rostov region, one of southern Russia’s largest suppliers of diesel and jet fuel for the military. Multiple explosions were reported, and the facility was forced offline. In addition to the refinery, Ukraine’s Security Service (SBU) confirmed drone attacks on facilities in Temryuk and Orenburg . Fuel tanks in Temryuk caught fire, while a gas processing plant in Orenburg was shut down, further disrupting Russia’s energy output. Ukrainian officials stated that these operations are designed to undermine Russia’s milit...
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Toronto Stock Exchange’s S&P/TSX Composite Index Reaches Highest Weekly Close in 21 Months

 

The Toronto Stock Exchange’s S&P/TSX composite index ended up 71.82 points, or 0.3%, at 20,990.22, its highest weekly closing level since April 2022. 

The market is being driven higher by technicals, which are very bullish right now, according to Brandon Michael, senior investment analyst at ABC Funds. The Toronto market has posted a series of higher peaks and troughs since October, notching a gain of nearly 12% over that period. The technology sector added to its recent rally on Friday, rising 0.7%. Energy rose 0.6% as oil settled 0.9% higher at $72.68 a barrel following overnight air and sea strikes by the U.S. and Britain on Houthi targets in Yemen. The materials sector, which includes precious and base metals miners and fertilizer companies, was up 1.6% as the price of gold benefited from safe-haven buying and the prospect of Federal Reserve interest rate cuts. 

The title of this article could be “Toronto Stock Exchange’s S&P/TSX Composite Index Reaches Highest Weekly Close in 21 Months”.

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