Economy
Cashback on fuel and a payment of 1,500 UAH: the government has expanded its support programme for Ukrainians
The government has expanded the “National Cashback” scheme and introduced a fuel rebate. In addition, the most vulnerable sections of the population will receive a one-off payment of 1,500 UAH.
Sweden has detained a second tanker from Russia’s shadow fleet in the Baltic Sea
The Swedish Coast Guard has detained the tanker Sea Owl I in the Baltic Sea; the vessel was en route to the Russian port of Primorsk. The ship is subject to European Union sanctions in connection with Russia’s war against Ukraine.
Naftogaz has finally won its case against Gazprom in the Swiss Supreme Court, securing a judgment of over $1.4 billion
The Swiss Federal Supreme Court has dismissed in its entirety the appeal lodged by Russia’s Gazprom seeking to overturn the arbitration award in favour of Naftogaz. Consequently, the ruling ordering the payment of over $1.4 billion to the Ukrainian company remains in force.
The US has used up years' worth of ammunition stocks since the start of the war with Iran
The US military is rapidly depleting its key ammunition stocks following the outbreak of war with Iran. This applies in particular to long-range Tomahawk cruise missiles.
Shmyhal: 3.5 GW of generating capacity has been restored in Ukraine, with a further 2 GW to be added by the end of May
Ukrainian energy companies have already restored 3.5 GW of capacity at thermal power stations, combined heat and power plants and hydroelectric power stations, out of a total of over 9 GW of generation capacity damaged by Russian attacks. By the end of May, they plan to restore a further 2 GW to the grid, which should support the energy sector during the scheduled maintenance of nuclear power units.
Rising oil prices are bringing Russia up to $150 million in additional revenue every day
The rise in global oil prices against the backdrop of the conflict in the Middle East has boosted Russia’s revenue from energy exports. According to analysts’ estimates, the Russian budget is receiving tens of millions of dollars in additional revenue every day.
Journalists have uncovered another senior ESBU official with relatives in Russia and assets worth millions
Journalists from Bihus.Info have identified another official from the Economic Security Bureau (ESBU) whose father holds a Russian passport and possesses assets that cannot be accounted for by official income. The individual in question is Serhiy Zhuravlov, deputy head of the Economic Security Bureau’s regional office in Volyn Oblast. Earlier, the head of the Bureau, Oleksandr Tsivinskyi, found himself embroiled in a scandal due to his father’s Russian passport.
Saudi Aramco is in talks to purchase Ukrainian drones to protect its oil fields
Saudi Aramco, the world’s largest oil producer, is in talks with Ukrainian drone manufacturers. The discussions concern the potential purchase of interceptor drones to protect oil facilities.
Iran may allow Indian tankers to pass through the Strait of Hormuz
An Indian source reported that Iran is ready to allow tankers flying the Indian flag to pass through the Strait of Hormuz. At the same time, an Iranian source outside the country denied the existence of such an agreement.
Koska invited EU leaders to a summit in Brussels on 19–20 March
The President of the European Council, António Costa, has invited the leaders of the 27 European Union member states to a meeting to be held on 19–20 March in Brussels. The main topics of discussion will be the situation in Ukraine, the Middle East and European security issues.
The dollar exchange rate of 45 in the budget is not a death sentence: the NBU explained what will happen to the hryvnia
The dollar exchange rate of 45 hryvnia set in the state budget for 2026 is a technical indicator and does not mean that this will be the actual exchange rate at the end of the year. The National Bank also stated that if the EU's 90 billion loan to Ukraine continues to be blocked, Ukraine will have to look for other sources to cover the budget deficit.
The Pentagon estimated the first six days of the war against Iran at over $11.3 billion.
The United States' costs for military operations against Iran during the first six days exceeded $11.3 billion. This estimate was announced by Pentagon officials during a closed briefing for lawmakers.