US Warns Ukraine Over Black Sea Strikes on Kazakh Oil Route

(KYIV, UKRAINE) – Ukraine halted a campaign of drone strikes against oil tankers using a major Black Sea port after a direct request from US Vice President J.D. Vance, who warned that the attacks risked destabilising global oil markets and harming American energy companies. The request was made during aContinue Reading

Ukraine Tightens Financial Monitoring for Sole Proprietors in Two Phases

(KYIV, UKRAINE) – Ukrainian banks will begin introducing new monthly transfer limits for certain individual entrepreneurs and companies from 14 August, under an updated memorandum designed to close channels used for tax evasion and money laundering. The restrictions will apply in two phases, with the second stage taking effect fromContinue Reading

Ukraine Repair Crews Deployed After New Energy Infrastructure Damage

(KYIV, UKRAINE) – Russian drone strikes and artillery shelling caused fresh power cuts in five Ukrainian regions by the morning of 12 August, national grid operator Ukrenergo said, as repair crews worked to restore supply where security conditions allowed. The new outages affected consumers in the Odesa, Dnipropetrovsk, Donetsk, KhersonContinue Reading

Ukraine Takes In $51.3 Million From Latest Hryvnia Bond Sale

(KYIV, UKRAINE) – Ukraine’s Ministry of Finance raised almost UAH 2.3 billion (USD 51.3 million / GBP 40.1 million / EUR 46.7 million) for the state budget at its latest auction of domestic government bonds on Tuesday. The ministry offered hryvnia-denominated bonds across three maturities. A one-year bond maturing inContinue Reading

ZapSibNeftekhim Shut Indefinitely After Drone Attack on Russian Plant

(TOBOLSK, RUSSIA) – The ZapSibNeftekhim petrochemical complex in the Russian city of Tobolsk in the Tyumen region has been closed for an indefinite period following a drone attack, Reuters reported, citing three industry sources. One source told the news agency that the facility had been halted with no timetable forContinue Reading

Ukraine and Moldova Slash Dnister Water Release as Crisis Deepens

(KYIV, UKRAINE) – Ukraine and Moldova have agreed to reduce the water release from the Dnister hydroelectric complex to 75 cubic metres per second, down from 85 cubic metres per second set only days earlier, as the hydrological situation in the river basin continues to worsen. The decision was takenContinue Reading

Zaporizhstal Shuts After Russian Strike Kills Seven at Steel Plant

(ZAPORIZHZHIA, UKRAINE) – Operations at the Zaporizhstal steel mill have been completely shut down after a Russian ballistic missile strike overnight hit the industrial site, killing seven employees and wounding 21 others. The attack struck the plant shortly after an air raid alert was declared, catching workers as they wereContinue Reading