Russia said on Wednesday it planned to deploy more of its advanced S-400 surface-to-air missile systems to Crimea as tensions rose with Ukraine over Moscow’s seizure of three Ukrainian navy ships and their crews.
Russia has steadily poured new military hardware into Crimea since it annexed it from Ukraine in 2014. Moscow’s announcement about new missiles comes as it and Kiev try to pin the blame on each other for the confrontation on Sunday.
A Reuters correspondent in Crimea on Wednesday also observed a Russian navy minesweeper ship, the Vice-Admiral Zakharin, heading for the Sea of Azov, which is used by both Ukraine and Russia and is an area of growing tensions, from the Black Sea.
Ukraine introduced martial law in parts of the country after the seizure of its ships saying it feared a possible Russian invasion.
Russian news agencies cited Vadim Astafyev, a spokesman for Russia’s southern military district, as saying that a new battalion of S-400 missiles would be delivered to Crimea soon and become operational by the end of the year.
The deployment is likely to have been long-planned, but the timing of the announcement appeared designed to send a message to Ukraine and the West that Russia is serious about defending what it regards as its own territory and waters.
Crimea already hosts three battalions of the anti-aircraft missile systems which have a range of up to 400 km (248.55 miles) allowing Russia to control large swaths of the skies above the Black Sea.
The new deployment will allow it to increase its air defense coverage area.
A Crimean court was due to order the detention of nine of the 24 captured Ukrainian sailors – including senior Ukrainian naval officers and at least one member of Ukraine’s SBU intelligence agency – later on Wednesday
A court in Simferopol, the capital of Crimea, on Tuesday ordered the other 15 Ukrainian sailors to be detained for two months pending a possible trial.
All of the sailors face jail terms of up to six years if found guilty of what Moscow says was a plot to illegally cross the Russian border by trying to pass through the Russian-controlled Kerch Strait on Sunday without advance notice and ignoring calls to stop.
Ukraine says its ships did nothing wrong and have every right to use the strait, the only gateway to the Sea of Azov from the Black Sea, without Russian permission.
Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.
Dean Popplewell
He has a deep understanding of market fundamentals and the impact of global events on capital markets.
He is respected among professional traders for his skilled analysis and career history as global head
of trading for firms such as Scotia Capital and BMO Nesbitt Burns. Since joining OANDA in 2006, Dean
has played an instrumental role in driving awareness of the forex market as an emerging asset class
for retail investors, as well as providing expert counsel to a number of internal teams on how to best
serve clients and industry stakeholders.
Latest posts by Dean Popplewell (see all)
- Euro zone bond yields sink as German manufacturing slows - 24 July 2019
- How Boris Johnson Plans to Deliver Brexit in 100 Days - 24 July 2019
- Weak PMI’s Sink EUR - 24 July 2019