Ukrainian Drones Hit St. Petersburg Oil Terminal in Kirovsky District; No Casualties Reported
- In the early hours of July 4, Ukrainian long-range drones struck an oil terminal in St. Petersburg's Kirovsky district, with debris also reported near the port of Vysotsk and strikes on Kronstadt military facilities (Bloomberg).
- Russian officials said there were no casualties though black smoke was visible; dozens of drones were intercepted across the Leningrad region in what Zelenskyy called 'long-range sanctions' on war-economy infrastructure.
- Oil-relevant escalation follows Russia's claim it captured the Donetsk stronghold of Kostiantynivka and comes as Citi still models Brent sliding to $60 by year-end on surging OPEC output.