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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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Saturday, March 7
Ukraine hits Russian Shahed-type drone storage in Donetsk with SCALP, ATACMS missiles, military says
Ukrainian forces targeted a Russian site used for the storage, preparation, and launch of Shahed-type drones with Western long-range missiles near the airport in occupied Donetsk, the General Staff reported on March 7.
Russian mass attack on Ukraine kills 8 in Kharkiv, including children
Russia attacked Kharkiv, Kyiv and other Ukrainian cities with ballistic missiles and drones overnight on March 7, targeting energy infrastructure.
Russian attacks against Ukraine kill 10, injure 40 over past day
Russia launched 480 drones, including Shahed-type unmanned aerial vehicles, and 29 missiles, including hypersonic Zircon anti-ship missile and Iskander-M ballistic missiles, overnight, the Air Force reported.
General Staff: Russia has lost 1,272,360 troops in Ukraine since Feb. 24, 2022
The number includes 1,010 casualties that Russian forces suffered over the past day.
US considering lifting sanctions on Russian oil to ease global shortage, Treasury chief says
U.S. Treasury Secretary Scott Bessent said on March 6 that Washington is considering lifting some sanctions on Russian oil to address a global supply shortage linked to recent military operations in Iran.
Saturday, March 7
Hungary released detained Ukrainian bank staff, Kyiv confirms amid major row
"At the moment, they are already safe and have crossed the Ukrainian border," Ukraine's Foreign Minister Andrii Sybiha said.
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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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The Trump administration's move to launch a large-scale strike operation in Iran has seen state-on-state war return to the Middle East with a vengeance. Hours after the first U.S. and Israeli strikes began hitting the country on Feb. 28, Tehran — despite its leadership being decapitated on the first day of the fighting — retaliated with large-scale missile and drone attacks across the region, with a focus on U.S. military bases and embassies. On top of its arsenal of ballistic missiles, Iran's
