Economy
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.
Szijjártó accused Ukraine of attacking the infrastructure of the Turkish Stream pipeline
Hungarian Foreign Minister Péter Szijjártó has made claims against Ukraine following reports in Russia of an attack on the Turkish Stream gas pipeline infrastructure.
The government will launch payments of 1,500 hryvnia and cashback on fuel: who will receive assistance
The government is preparing a new support package for the population, which includes a one-time payment of UAH 1,500 for pensioners and other vulnerable groups, as well as temporary cashback on fuel. Prime Minister Yulia Svyrydenko announced the preparation of the programme after discussions with the president.
Zelensky called on Trump to increase pressure on Putin during negotiations
Ukrainian President Volodymyr Zelenskyy has stated that he expects the United States to exert more pressure on Russia during possible peace talks. He emphasised that Ukraine supports the negotiation process but is not prepared to accept Moscow's ultimatums.
The International Energy Agency has agreed to bring 400 million barrels of oil to market.
The countries of the International Energy Agency have agreed on a record release of oil from strategic reserves. The decision was made due to disruptions in energy supplies caused by the war in the Middle East.
