Russia strikes Ukrainian military airport, Ukraine destroys Russian oil depot

Russia claimed on Tuesday that its forces had struck a Ukrainian military airport with high-precision weapons, while Ukraine, on the same day, reported destroying an oil depot of Russia.

The Russian Defense Ministry said in a briefing that on Tuesday morning, the Russian military forces deployed high-precision weaponry and combat drones to conduct a coordinated assault on a Ukrainian military airport and a military factory producing gunpowder for Ukrainian forces. All specified targets were successfully destroyed.

Meanwhile, the General Staff of the Ukrainian Armed Forces said on the same day that the Ukrainian troops launched an attack on a Russian oil depot in the Smolensk region, resulting in a powerful explosion and raging fire at the facility.

The Ukraine side also asserted that the depot had served as a critical supply point for Russian military operations.

Reports from the Ukrainian air force detailed that throughout the year of 2024, Ukrainian forces shot down more than 1,300 various types of Russian missiles, 11,200 attack drones, and 40 Russian military aircraft.

Russia strikes Ukrainian military airport, Ukraine destroys Russian oil depot

China will raise its retail prices of gasoline and diesel from Tuesday, following a sharp rise in international oil prices, the country's top economic planner said on Monday.

Gasoline and diesel prices will increase by 695 yuan (about 100.5 U.S. dollars) and 670 yuan per tonne, respectively, according to a statement released by the National Development and Reform Commission (NDRC).

The NDRC's price monitoring center said that developments in the Middle East will be the key factor influencing global oil price trends in the period ahead.

China's three biggest oil companies -- the China National Petroleum Corporation, the China Petrochemical Corporation, and the China National Offshore Oil Corporation -- and other refineries have been directed to maintain production and facilitate transportation to ensure stable supplies.

Relevant departments in various regions should intensify their market supervision and inspection efforts. They should implement strict measures to crack down on activities that violate national pricing policies to ensure market order, the NDRC said.

China to raise gasoline, diesel retail prices