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By Malvika Gurung
Investing.com — Amid the ongoing Russia-Ukraine crisis which has entered its ninth day, Europe’s largest nuclear power plant in Ukraine, Zaporizhzhia NPP, caught fire on Friday, hit during an attack by Russian troops.
The plant supplies an estimated 40% of nuclear power to Ukraine.
According to the RIA news agency, stated that a generating unit of the nuclear power plant was set ablaze on Friday following Russian strikes, however, no immediate change in the levels of radiation was recorded in the area.
The country’s foreign minister Dmytro Kuleba called on Russian troops to cease the fire and allow firefighters to set a security zone.
He tweeted that if the affected power unit blows up, it is going to be 10 times larger than the Chernobyl incident, the worst nuclear disaster in history.
Following the breakout, stocks across the Asian markets tumbled on Friday and oil prices surged, while the U.S. stock futures fell sharply too, indicating negative cues for the US and European markets as they open later in the day.
Indian equity benchmark indices mirrored the global sentiments and opened lower too, as tremors pulled the broader domestic markets further into the red zone.
At 10 am on Friday, indices was trading 1.5% lower, and dropped 836.4 points or 1.52%.
The fear barometer, advanced 4% to 29.28.
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