Ukraine news

News Feed

Could Trump's Iran war save Russia's economy? Report says math doesn't add up

High oil prices driven by the U.S. operation against Iran are not sufficient to save the Russian economy, according to estimates from the Free Russia Foundation shared with the Kyiv Independent. The U.S. operation disrupted traditional supply routes and triggered a sharp rise in global oil prices, prompting Washington to issue sanctions waivers on Russian oil in an effort to stabilize the market. U.S. Secretary of State Marco Rubio acknowledged on May 13 that higher oil prices had effectively

About Ukraine

The Kyiv Independent delivers reliable news, context, and on-the-ground reporting from Ukraine. The largest country located entirely in Europe, Ukrainian territory covers 603,628 square kilometers (233,062 square miles), and is bordered by seven countries, namely Russia, Belarus, Poland, Slovakia, Hungary, Romania, and Moldova. Ukraine traces its history back to the medieval state of Kyivan Rus.

News Feed