Russia conducts extensive missile attacks on Kyiv, according to Fars News Agency

Large-scale missile salvos on the Ukrainian capital have been a recurring feature of the conflict and the market template is well established: an initial risk-off impulse through European gas and power, wheat and the European equity open, with the severity of follow-through hinging on whether strikes hit energy infrastructure rather than purely military or urban targets. Attacks concentrated on the grid or on gas transit and storage have historically produced the more durable moves; those absorbed by air defences without infrastructure damage have tended to fade within the session. The sourcing is itself a detail worth noting: Fars is an Iranian state-linked outlet, and Iranian media carrying Russian operational claims has in past episodes signaled the drone and missile supply relationship between the two, which is the channel through which these reports acquire sanction and secondary-pricing relevance. The follow-ons that have mattered are confirmation from Ukrainian or Western wires, any damage assessment touching energy assets, and whether the salvo precedes or follows diplomatic contact, since strikes timed around negotiations have historically been read as leverage rather than escalation. As a single-source report, the signal is directional pending corroboration.