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Futures Tumble After Reports Ukraine Nuclear Power Plant, Europe’s Largest, Is On Fire After Shelling: Live Feed

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Update (1658ET): Unit 1 of the Zaporizhzhia power plant has been hit, according to the plant’s Facebook page (via Bloomberg).

Risk assets are sharply lower, with futures and euro tumbling, offset by a flight to safety which has sent Treasuries, the dollar, yen and gold soaring, after reports that Russia has started shelling Ukraine’s Zaporizhzhia nuclear power plant Europe’s largest, which accounts for one quarter of Ukraine’s power generation, and which has caught fire.

“There is a real threat of nuclear danger in the biggest atomic energy station in Europe,” AP reports Andriy Tuz as saying Reuters reporter Phil Stewart confirmed the report in a tweet, citing local town mayor…

To read more visit Zero Hedge.  

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2 comments

Harvey March 4, 2022 at 12:01 pm

Now, this is the kind of misinformation that should be stopped.

Reply
Boric March 4, 2022 at 2:40 pm

There was no fire in or on the reactor. Ukie army staged an attack, the Russians used flares to pinpoint the attack and then killed the Ukies, once the area was safe the fire department and specialists where given access: only buildings around the plant suffered any hits, the radiation levels are even a little lower than usual atm. the situation is under control. the authorities running the nuclear power plant denied that there were any fires in the reactors or near the reactors.

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