Russian Strikes on Kyiv 'Pure Terror, Pure War Crimes,' Says Former Ambassador

Watch on YouTube ↗  |  August 27, 2026 at 20:33  |  7:33  |  Bloomberg Markets
Speakers
John Herbst — Former US Ambassador to Ukraine, Atlantic Council Eurasia Center

Summary

John Herbst, former US ambassador to Ukraine, discusses Russia's latest strikes on Kyiv, the CIA director's Moscow trip, and the status of Russia-Ukraine negotiations. He says Ukraine is targeting Russian strategic and hydrocarbon infrastructure while Russia is mainly terrorizing civilians, and that sanctions on Rosneft and Lukoil are hurting Russia's economy without changing Putin's aims. He also argues for expanded Patriot interceptor production and flags elevated risk of Russian action against NATO or Baltic states.

  • CIA director's Moscow visit reflects US concern that Putin may consider kinetic strikes on Baltic or NATO states.
  • Herbst says Ukraine is targeting Russian hydrocarbon facilities, munitions plants, and transport routes, weakening Russia's war effort.
  • Russia's strikes on Kyiv are described as terror and war crimes with no new military tactics.
  • Sanctions on Rosneft and Lukoil have taken 1-2% off Russia's economy but have not changed Putin's aims.
  • Herbst favors licensing Ukraine to build Patriot interceptors to meet US, NATO, and Gulf defense demand.
  • Ukrainian drone attacks on Russian oil and gas production create a supply-disruption watch item for energy markets.
Ideas
John Herbst Former US Ambassador to Ukraine, Atlantic Council Eurasia Center 1:29
Sanctions pressure Rosneft, Lukoil, Russian economy
President Trump's sanctions on Rosneft and Lukoil represented progress toward peace through strength and have been economically effective, taking a percentage point or two off the Russian economy, although not enough to force Putin into a stable peace. This leaves the two Russian hydrocarbon majors under sustained policy and economic pressure.
John Herbst Former US Ambassador to Ukraine, Atlantic Council Eurasia Center 3:02
Ukraine strikes disrupt Russian oil, gas supply
Ukraine is targeting Russian hydrocarbon facilities, munitions plants, and transportation routes, and its drone offensive has been devastating to Moscow's oil and gas production and supply capacity. This creates an ongoing supply-disruption setup for global oil and natural gas markets.
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This Bloomberg Markets video, published August 27, 2026, features John Herbst discussing ROSN, LKOH, WTI, UNG. 2 trade ideas extracted by AI with direction and confidence scoring.

Speakers: John Herbst  · Tickers: ROSN, LKOH, WTI, UNG