A Ukranian Drone Hits Oil Refinery in Russia

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Moscow says a drone hit in oil refinery in russia. Military experts say it's likely the latest in ta series of cranian attacks. Nearly half of africa doesn't have access to electricity. We'll take a look at how much it would cost for the continent to get there.

US stocks stay fairly flat after Fed Chair Jerome Powell testifies in Congress, a Ukrainian-made drone hits an oil refinery in Russia, and the International Energy Agency says investing $25 billion annually could lead to universal electricity access in Africa by the end of the decade.

Mentioned in this podcast:

Jay Powell warns US recession is ‘certainly a possibility’

‘Kamikaze’ drone strike hits oil refinery in southern Russia

Africa needs $25bn a year of investment to boost energy provision, says IEA chief

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.

Read a transcript of this episode on FT.com

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