
Putin's ‘suicide bikers' speed into no man's land to cause chaos
But few will ever make it. Most are picked off by drones or artillery fire. Some self-destruct by crashing in the mogul field of shell craters. The life expectancy of those who do survive the journey is little improved, stranded and surrounded by the enemy as they are.
'Basically it's a suicide mission,' Yevhen, a lieutenant captain in Ukraine's 28th brigade, said flatly. 'Because they never come back.'
Nonetheless, these latter-day cavalry charges — on what the Russian army refers to as its 'iron horses' — are a growing feature of Moscow's military strategy, in response to the ever greater pervasiveness of drones, which account for up to 70 per cent of all casualties.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Times
27 minutes ago
- Times
Business live: Asian markets slip on jitters over downside of tariffs
A further risk to world growth came from a rise in oil prices after President Trump threatened a shortened deadline of 10 or 12 days for Russia to make progress towards ending the war in Ukraine or face tougher sanctions on oil exports. Trump said there was 'no reason in waiting' because of a lack of tangible action by President Putin. The sanctions would impose 100 per cent tariffs on buyers of Russian oil, with the biggest customers being India and China. The spot price for Brent crude rose $1.26 to $70.10 a barrel on concerns about global crude supplies. Trump has been unable to fulfil his promise to resolve the war quickly. Asian stocks slipped as relief that the US-EU trade deal had avoided a trade war gave way to concerns about the damage tariffs could cause to growth and inflation. The 15 per cent levy on Europe compares with tariffs of 1 per cent to 2 per cent before President Trump took office. German chancellor Friedrich Merz, who had said the agreement had 'succeeded in averting a trade conflict', later said it would cause 'considerable damage' to his country, Europe and the US. Economists at JP Morgan wrote: 'While the worst case scenario was averted, the implied EU tariff increase from 1 per cent in January is a significant tax increase on EU exports. This is a very big shock that unwinds a century of US leadership in global free trade.' Markets in Japan, China, Australia and India were lower, with only South Korea's Kospi higher. On Wall Street, the S&P 500 and Nasdaq rose to record highs as investors looked beyond the trade deal. The Dow Jones industrial average finished a fraction lower. Equity futures, however, are pointing to the markets in Europe edging higher when trading begins.


Reuters
27 minutes ago
- Reuters
Russian strikes on penal colony in Zaporizhzhia kill 16, Ukraine says
July 29 (Reuters) - Russian strikes on a penal colony in the frontline region of Zaporizhzhia in southwestern Ukraine overnight killed 16 people and injured at least 35, regional Ukrainian military and Zaporizhzhia's governor said on Tuesday Zaporizhzhia governor Ivan Fedorov, writing on the Telegram messaging app, said that the correctional facility's buildings were destroyed, and nearby private homes were also damaged. Ukrainian President Volodymyr Zelenskiy's chief of staff, Andriy Yermak, condemned the strikes as "another war crime" committed by Russia. "(Russian President Vladimir) Putin's regime, which also issues threats against the United States through some of its mouthpieces, must face economic and military blows that strip it of the capacity to wage war," Yermak said on X. Moscow forces have regularly attacked Zaporizhzhia, using drones, missiles and aerial bombs, since the start of the war that Russia started with a full-scale invasion of Ukraine in 2022. Russia unilaterally declared early in the war its annexation of parts of Zaporizhzhia and areas in and around three other Ukrainian regions. Kyiv and its Western allies called the move an illegal land grab. Fedorov said that Russian forces launched eight strikes on the Zaporizhzhia district, reportedly using high-explosive aerial bombs. Reuters could not independently verify Fedorov's report. There was no immediate comment from Russia. Both sides deny targeting civilians in their strikes, but thousands of civilians have been killed in the conflict, the vast majority of them Ukrainian.


Reuters
27 minutes ago
- Reuters
Trump's short fuse could set off Russian oil sanctions timebomb
LONDON, July 29 (Reuters) - U.S. President Donald Trump unexpectedly shortened his deadline for hitting Russia with the most severe sanctions on its oil exports to date. While the market has called the president's bluff thus far, the sheer scale of the threat may force investors to start pricing in this meaningful tail risk. Speaking alongside British Prime Minister Keir Starmer in Scotland on Monday, Trump said he was giving Moscow only 10 to 12 days to reach a deal to end the war in Ukraine before he would impose so-called secondary sanctions on its oil exports, cutting short his previous 50-day timeframe set on July 14. The sanctions would slap 100% tariffs on buyers of Russian oil, with the biggest customers being India and China. This move has the potential to disrupt global oil supplies, given that Russia exported 4.68 million barrels per day of crude oil in June, around 4.5% of global demand, as well as 2.5 million bpd of refined products, according to the International Energy Agency. Will Trump actually follow through on his threat? That's anyone's guess. Going through with the secondary tariffs on Russia risks causing a severe spike in oil prices that could put upward pressure on U.S. inflation, an outcome that could stay Trump's hand, even if he is 'disappointed' in Russian President Vladimir Putin. And there have been several headline-grabbing moments in recent months where the Republican president has rowed back on his threats, including the "reciprocal tariffs" originally announced on April 2 that he quickly toned down in the face of market pressure. But Trump has also made good on some of his threats, most notably the bombing of Iran's nuclear facilities on June 22. Unlike his initial announcement on secondary tariffs, which investors appeared to shrug off, oil prices rose by nearly 3% on Monday. So his erratic Russia policy may make some investors wary of writing off the risk altogether. The next question is, would secondary tariffs – a relatively untested, blunt financial weapon – be effective? The answer is probably yes. One of Russia's key customers, India – the largest importer of seaborne Russian crude in June at 1.5 million bpd – is currently engaged in tense trade talks with the United States. New Delhi is therefore unlikely to want to exacerbate trade tensions with Washington and thus may be apt to ditch Moscow in favour of new, though undoubtedly more expensive, energy sources. On the other hand, China, which imported around 2 million bpd of Russian oil in June via pipeline and by sea, is less likely to change its buying patterns since it already faces several layers of U.S. tariffs and considers its ties with Moscow to be strategic. But the Kremlin's finances would still be squeezed regardless if India were to cease purchasing Russian oil, as China would likely be able to buy it even more cheaply. The scale of the potential new sanctions' impact on the global oil market is hard to gauge, given current supply and demand dynamics. World oil demand is expected to grow by 700,000 bpd in 2025, its lowest rate since 2009, while supplies are forecast to rise sharply by 2.1 million bpd to 105.1 million bpd this year, according to the International Energy Agency. The growth in supply has been driven in recent months mostly by output increases by the Saudi Arabia-led oil producing group collectively known as OPEC+. The group in April started unwinding 2.2 million bpd of production cuts and upped the United Arab Emirates' production quota by 300,000 bpd. The OPEC+ production increases have led, naturally, to a decline in the group's spare production capacity, but Saudi still held, as of June, 2.3 million bpd of production it can bring on stream within 90 days, while the UAE and Kuwait held 900,000 bpd and 600,000 bpd of spare capacity, respectively. This means that the three Gulf producers could ramp up output relatively quickly in the event of a sudden supply disruption. But that knowledge is unlikely to be enough to calm markets should Trump impose his secondary sanctions, partly because of the uncertainty surrounding possible retaliatory measures by Moscow. Revenue from oil and gas export taxes accounted for between 30% and 50%, opens new tab of Russia's federal budget in recent years, making these funds the single most important source of cash for the Kremlin. Putin is therefore likely to respond quite forcefully to any western measures constraining his revenue. One such hint was given last week, when Moscow temporarily blocked foreign tankers from loading crude at Russia's main Black Sea ports following the imposition of new regulations. Loadings from the port of Novorossiisk, which account for more than 2% of global supplies, were resumed the following day, meaning Moscow was likely sending a warning that it can easily introduce similar measures. Trump's latest threat could be an empty one, but regardless, it has shortened the fuse of a timebomb that oil markets might struggle to ignore. Enjoying this column? Check out Reuters Open Interest (ROI),, opens new tabyour essential new source for global financial commentary. ROI delivers thought-provoking, data-driven analysis. Markets are moving faster than ever. ROI, opens new tab can help you keep up. Follow ROI on LinkedIn, opens new tab and X., opens new tab