Despite wartime challenges, Ukraine’s IT industry accelerates its growth in 2026. March sees nearly 9% rise in IT export revenue, reaching $592M. Driven by top importers like the US, IT now makes up 43.2% of Ukraine’s service exports, highlighting its crucial economic role.
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U.S. Treasury Secretary Scott Bessent confirms no renewal for waivers on Russian and Iranian oil purchases. Despite appeals from economically vulnerable nations, global tensions over the U.S.-Israeli conflict prompt a shift in U.S. energy policy focused on security concerns.
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Iran’s missile accuracy surged from 3% to 27% within weeks, not due to better weapons but through adoption of Russian battlefield doctrine. Analysts point to integrated targeting systems and Special Operations Forces as key factors linking intelligence to precise strikes.
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Ukraine may expand rapeseed cultivation due to rising global fuel prices amid Middle East conflicts. Increasing rapeseed acreage by 400,000 hectares could yield 1 million metric tons, enhancing exports. Forecasts predict steady production growth, strengthening Ukraine’s agricultural position.
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As Russia heightens military offensives in Ukraine, relaxed sanctions on Russian oil, driven by geopolitical tensions, boost its revenue for war. Zelenskyy urges interception of shadow tankers in European waters, highlighting the urgent link between oil sales and military actions.
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In an interview with the BBC, President Zelensky expressed concerns about a missile shortage in Ukraine due to Middle East tensions. He emphasized the potential depletion of US resources, which are crucial for Ukraine’s defense against Russia, as conflicts escalate.
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Sergei Lavrov derided the US and Israel for their alleged misjudgment of a swift conflict in Iran, highlighting parallels to Russia’s own Ukraine miscalculations. As Lavrov criticizes Western actions, Russia remains entangled in its prolonged conflict with Ukraine.
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Since the onset of the US-Israel war with Iran, Russia has reportedly earned €6 billion from fossil fuel exports, with a notable €672 million increase in March alone. This revenue surge is crucial for funding military operations, including the ongoing conflict in Ukraine, raising concerns over easing sanctions.
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Sky Fall’s Shrike Fiber drone earned first place in the Pentagon’s procurement program, highlighting Ukraine’s strategic role in international defense efforts. Ukraine aims to assist the US and its allies facing Iranian threats, leveraging its military expertise.
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Russia’s reaction to the deaths of Iranian leaders remains limited to condemnations, highlighting its restrained support for Iran. Meanwhile, European states demonstrate decisive actions against Russian vessels defying sanctions, notably with Belgium and France intercepting a Russian tanker.
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Gasoline shortages in Russia are worsening as Ukrainian strikes disrupt key oil infrastructure, forcing regions to ration fuel. Rising prices, suspended refinery operations, and restrictions across major oblasts underscore growing pressure on Russia’s energy system.
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Europe is set to outspend the US in defense procurement for the first time since WWII, driven by heightened security threats and NATO budget shifts. Most allies now meet spending targets, with Poland and the Baltic States leading major modernization efforts.
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