Massive Wall of Water Moves Through Ukraine After Major Dam ’Blown Up’, Thousands Evacuated
- The situation appears critical as Ukraine’s state power agency said the damaged dam poses an additional threat to Europe’s largest nuclear power plant, Zaporizhzhia Nuclear Power Station.
“Water from the Kakhovka Reservoir is necessary for the station to receive power for turbine capacitors and safety systems of the ZNPP. The station’s cooling pond is now full: as of 8:00 a.m., the water level is 16.6 meters, which is sufficient for the station’s needs,“ the agency said.
In commodity markets, Andrey Sizov, managing director at agricultural consultant SovEcon, told Bloomberg that the dam’s destruction “looks like a big escalation with dire consequences and huge headline risk.“ The risk is Russia could reduce the flow of grain exports from Ukraine through the Black Sea in response to the incident. #Breaking #News #Ukraine #Russia
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