Ukraine uses Pelican ballistic missile in massive strike on Moscow refinery

Ukraine has reportedly employed the Pelican ballistic missile for the first time in a significant strike targeting a Moscow oil refinery and logistics infrastructure. The attack marks a strategic escalation in Ukraine’s military operations against Russian assets, suggesting an intensified focus on disrupting Russia’s energy supply lines. This development comes amid the ongoing conflict that began in February 2022, with both nations continuing to engage in military offensives without any ceasefire agreement. The use of the Pelican missile highlights Ukraine’s increasing capability to conduct long-range strikes into Russian territory, escalating the conflict beyond traditional front-line engagements. This escalation has been noted as a critical factor in the dynamics of the conflict, potentially influencing the likelihood of Russian advances into Ukrainian cities like Sloviansk. Recent market pricing indicates a decrease in the probability of Russian forces entering Sloviansk by the end of 2026, consistent with increased Ukrainian resistance. The geopolitical ramifications of this strike are yet to unfold, but market behavior suggests a recalibration of expectations regarding the con...