
Ukraine's electricity imports fall as crisis fades
Ukraine's imports of electricity dropped by 25% in March compared to the previous month, as the country emerges from a devastating winter brought on by Russian attacks on the energy grid.

Ukraine's imports of electricity dropped by 25% in March compared to the previous month, as the country emerges from a devastating winter brought on by Russian attacks on the energy grid.
Key developments on April 4-5: * Ukraine confirms strikes on Russian oil infrastructure, defying calls to ease attacks amid soaring fuel prices * Russia increases attacks on civilians, killing 16 and injuring 94 more * Explosions, fires reported in Russia’s Tolyatti, Taganrog after drone attacks * Russia drops record number of deadly glide bombs on Ukraine, steps up aerial attacks * Ukraine strikes Russian fuel train, confirms damage to multimillion-dollar Orion drones in occupied regions

Explosives have been found near a gas pipeline in Serbia that transports Russian natural gas to Hungary, leaders from the two countries said on April 5. "Serbian authorities have found a powerful explosive device, along with the equipment needed to detonate it, at critical gas infrastructure linking Serbia and Hungary," Hungarian Prime Minister Viktor Orban said on April 5 in a post on X. No culprits nor motives have been identified. Ukraine has denied any involvement in the incident. “We cat

Zelensky will meet with Syrian President Ahmad al-Sharaa in Damascus, Syria TV said.

In the latest episode of Ukraine This Week, Anna Belokur examines why the United States is re-engaging with Belarus — and what it could mean for Russia’s war against Ukraine.

The latest attack comes as Ukrainian officials have acknowledged that foreign allies have asked Kyiv to pause drone attacks on Russian oil refineries as the U.S.-Israeli war in Iran drives up fuel prices worldwide.

Russia provided Iran with satellite intelligence on over 50 Israeli energy sites, President Volodymyr Zelensky said on April 5, the latest of a series of Ukrainian claims that Russia is supporting Tehran militarily.

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.

As you read this, somewhere at a TSMC fab in Taiwan's Hsinchu a robot is moving a silicon wafer packed with transistors measuring 2 nanometers — 20 atoms in a row. Mass production of chips using the 2-nanometer process began in late 2025, and TSMC's entire 2026 capacity is already sold out — Apple, Qualcomm, NVIDIA, and AMD are all in line. Samsung has launched its own 2-nanometer Exynos 2600 processor. Intel is advancing its 18A node (1.8 nm). We are talking about the kind of density and effi