Ukraine's military announce that it struck Russia's Lukoil refinery in Russia's Volgograd

The strike on Lukoil's refinery highlights an escalation in the conflict and may raise concerns around energy supply stability.

Newsquawk StaffPublished 11 Feb 2026, 13:28 UTCOn the live feed at 13:08 UTC — 7 more headlines followed before this page went public

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13:12

Banxico Deputy Governor Heath says at its next monetary policy decision, the board will carefully evaluate behaviour of core inflation. Will be watching core inflation, if it is in-line with forecasts there could be a rate cut as soon as March

13:10

Preview [Repost]: US Nonfarm Payrolls due Wednesday February 11th at 13:30GMT/08:30EST

13:08

Ukraine's military announce that it struck Russia's Lukoil refinery in Russia's Volgograd

13:00

NBH Minutes (Jan): The inflation outlook was in line with the December projection

13:00

OPEC MOMR: 2026 world oil demand remains at 1.4mln BPD (unchanged from the Jan MOMR), 2027 world oil demand is forecast to grow by about 1.3mln BPD Y/Y (unchanged from the Jan MOMR)

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Context

Markets might react by pushing up energy prices or favoring safe-haven assets, as this incident could disrupt the ongoing supply dynamics given Lukoil's significance in the energy sector. This situation could also intensify geopolitical tensions, which could have broader implications for the Eurozone's economic stability.

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