Ukraine has been hit by a surge in Russian ballistic missile attacks, about a third of which used North Korean weapons that can only fly because they run on Western circuitry, obtained despite sanctions,

Russian President Vladimir Putin warned the United States and Ukraine’s other partners that the weapon could be deployed against their interests as well.

At the center of an escalating arms race, Ukraine wants to join the ranks of a select group of countries that can produce ballistic missiles. This week, Kyiv struck Russia for the first time with long-range missiles supplied by the West,

By launching a new nuclear-capable intermediate-range ballistic missile at Ukraine on Thursday, Russia was threatening Kyiv and its Western allies with the aim of stopping Ukrainian strikes with Western-supplied weapons on Russian territory — or else.

Oil climbed more than 1% on Thursday after Russia and Ukraine launched missiles at each other, overshadowing the impact of a bigger-than-expected increase in U.S. crude inventories. Ukraine fired British cruise missiles into Russia on Wednesday,