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Hungary’s Prime Minister Viktor Orban arrives at the European Council meeting in Brussels, Belgium, on June 26, 2025.
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Why Ukraine could start losing Western aid for the first time

by Luca Léry Moffat

For more news like this directly into your inbox, subscribe to our weekly Ukraine Business Roundup newsletter. Billions in urgently needed financing to Ukraine are at risk as a deepening political crisis jeopardizes access to aid — all while Hungary continues to block a separate financial lifeline. Ukraine has so far failed to implement reforms needed to unlock almost $4 billion in World Bank and EU loans, putting it on track to permanently lose access to some earmarked funds for the first tim

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Monday, March 23

Ukraine brings war back to Russia — and Russians begin to feel it

Ukraine has increasingly pursued a strategy of "bringing the war back to Russia" — aiming to erode the perception that the full-scale invasion is distant and cost-free for Russian society. This approach was explicitly articulated by President Volodymyr Zelensky in 2025, as Ukraine significantly expanded its deep-strike campaign inside Russia. "The war was brought from Russia, and it is to Russia that the war must be pushed back. They must be the ones forced into peace. They are the ones who mu

Fire burning at Russia's Volgograd oil refinery in Volgograd, Russia, on Feb. 11, 2026.

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Amid Iran war, Ukrainian drone makers fear Zelensky risks missing 'window of opportunity'

Ukrainian Sting drone interceptors in an undated photo.

Ukraine’s drone industry is abuzz with anticipation of a deal that would allow them to sell interceptor drones abroad, hoping for the first big relaxation of wartime export restrictions that would finally put their technology in the hands of foreign militaries amid the U.S. war with Iran. But President Volodymyr Zelensky is seemingly holding out for a deal over PAC-3 missiles, an anti-air munition for Patriot systems that are uniquely good at defending against Russian ballistic attacks. The re

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