Highlights

  • Kherson is the first major city to be taken by Russia, after heavy fighting, since it invaded a week ago
  • An investigation into possible war crimes and crimes against humanity committed in Ukraine has been launched

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Ukraine: Russian troops take control of key city of Kherson - mayor

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Ukraine-Russia war latest news: As the invasion gets into another week of attacks commodity markets face the whirlwind of pressure as sanctions on Moscow are starting to choke the global supply chain. Here are the top headlines the markets are reading

The latest news from the ground

  • Moscow claims its troops have taken Kherson
  • First major city in Ukraine to fall to Russia
  • Ukraine’s second biggest city, Kharkiv, suffered heavy bombardment
  • More US troops deployed to Europe
  • US to postpone missile test to avoid misunderstandings

The market moves

  • US markets see strong rebound, Dow up 600 points
  • Crude continues surge, tops $115/bbl overnight
  • Fed says rate hikes on track "“The bottom line is we will proceed: Powell"

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