The benchmark contract at 241 euros per megawatt-hour on Aug. 18 has exceeded the previous record in early March by 6.7%, according to Bloomberg. The price is 11 times higher than usual for this season.
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Wednesday, February 25
A Kremlin spokesperson questioned "whether there's any point in holding a summit" between Putin and Zelensky as long as the Ukrainian side maintains its current position in negotiations.
The suspect in the murder of former Ukrainian top official Andriy Portnov was arrested in the German town of Heinsberg, Spanish National Police reported on Feb. 25.
Valerii Zaluzhnyi said the launch of Ukrainian drone company Ukrspecsystems' production in the U.K. has "a deep strategic logic" for integration into the British defense industry.
The Kyiv Independent’s Chris York speaks with Olha Polishchuk, a conflict data analyst who tracks military and civilian deaths in Russia’s war against Ukraine.
The suspects in the embezzlement scheme were caught "red-handed" while trying to illegally transfer the money, and $320,000 was seized from them, according to Kravchenko.
(Updated: )Company news
The Kyiv Independent’s separate analytical unit, KI Insights, is excited to announce the launch of its podcast, Ukraine Insights — a show dedicated to unpacking Ukraine’s politics, security, economy, and international relations through in-depth, expert-driven conversations.
"I see that Ukraine is preparing further actions aimed at disrupting the operation of Hungary's energy system," Hungarian Prime Minister Viktor Orban claimed.
"Usually, when Russia fails to win on the battlefield, it start looking for nuclear weapons on Ukrainian territory," President Volodymyr Zelensky said.
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"I won't go into too many details, but today I can congratulate our army first and foremost —all the defense forces — because as of today, 300 (square) kilometers have been liberated," Zelensky told Agence France-Presse.
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Witkoff said he would meet with Ukraine's security chief Rustem Umerov on Feb. 26, though the primary purpose of his visit would be negotiations with Iran.
The Air Force said that Russia attacked Ukraine with 115 drones overnight, of which around 60 were Shahed-type. It reported downing 95 drones in the north, south, and east of Ukraine.
The number includes 1,070 casualties that Russian forces suffered over the past day.
