Russia Ukraine exchange deadly drone and glide bomb strikes
Analysis based on 21 articles · First reported Aug 03, 2026 · Last updated Aug 07, 2026
The escalation heightens geopolitical risk, potentially impacting energy markets due to strikes on Russian oil infrastructure and defense stocks. Continued attacks on civilian areas and infrastructure may also affect investor sentiment in the region and companies like Wildberries.
In a significant escalation of the Russia-Ukraine war, Russia dropped eight glide bombs on residential areas of Ukraine — Zaporizhzhia within 90 minutes, killing one and wounding dozens, according to regional chief Ivan Fyodorov. In retaliation, Ukrainian drones struck targets inside Russia, reportedly killing six in Arkhipo-Osipovka and three in Ukraine — Crimea. Ukraine also continued its long-range drone campaign, hitting a Wildberries warehouse, the Saratov oil refinery, the Engels air base, and the Lyudinovskaya oil depot. President Volodymyr Zelenskyy announced military cooperation agreements with nine countries and negotiations with 15 more, and appointed Rustem Umerov as head of the Russia — Foreign Intelligence Service. He renewed appeals for MIM-104 Patriot air defense systems, while US President Donald Trump has not made a final decision on licensing production. The attacks underscore the widening reach of the war and the ongoing civilian toll.
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