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'Clearing up the mess' — Ukraine's oil and gas giant gets new supervisory board
The new board comes amid a renewed push to reform Ukraine’s state-owned enterprises, which dominate the energy, banking, and infrastructure sectors.
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Wednesday, March 4
Russia continues to escalate drone attacks on passenger trains, railway infrastructure
Russian drone hit two passenger trains in just one day.
Putin to host Hungary's FM to discuss Budapest-Kyiv rift over Druzhba pipeline
Kremlin spokesperson Dmitry Peskov expressed support for Slovakia and Hungary in the dispute over the Druzhba oil pipeline, accusing Ukraine of "blackmail."
Russian tanker on fire in Mediterranean Sea, Moscow accuses Ukraine of sea drone attack
A Russian-flagged liquified natural gas (LNG) tanker, the Arctic Metagaz, has reportedly caught fire in the Mediterranean Sea, multiple media outlets reported on March 3.
General Staff: Russia has lost 1,269,500 troops in Ukraine since Feb. 24, 2022
The number includes 980 casualties that Russian forces suffered over the past day.
At least 3 killed, 30 injured in Russian attacks on Ukraine over past day
Russia launched 149 drones at Ukraine overnight, the Air Force said, reporting that Ukrainian air defenses intercepted 129.
What to do if you spot an Iranian Shahed drone
A feeling familiar to millions of Ukrainians was suddenly experienced across the Middle East over the weekend — the terror caused by Shahed drones flying overhead and smashing into buildings. Footage flooded social media as Iran launched drones and missiles in retaliatory strikes in response to the U.S.-Israeli bombardment that began on Feb. 28. "Welcome to the club, guys," Vladislav Vlasiuk, the Ukrainian president's representative on sanctions policy, told the Kyiv Independent when asked wha
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The Kyiv Independent’s Business Desk covers the biggest news in business, economics, and tech from Ukraine, as well as global developments that shape the economy of the region.
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As markets opened on March 2, Russian officials were quick to frame the escalating Middle East crisis as an economic opportunity for the Kremlin. Within hours of the first U.S. and Israeli strikes, Russian Envoy Kirill Dmitriev quickly posted on X about crude potentially hitting "$100+" per barrel. Brent crude futures on the London ICE exchange initially had risen 13.04%, peaking at $82.37 per barrel — the highest level in over a year. Prices later eased to $79.38. The spike followed Iran's M
