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02Jan 2025

Ukraine Ends Russian Gas Transit, Reshapes Energy Markets

Why in the news? Ukraine halted Russian gas transit to Europe on January 1, 2025, ending decades of supply dominance. This move, driven by Europe’s reduced reliance on Russian energy, impacts Ukraine’s revenue and Russia’s market share significantly. Ukraine Halts Russian Gas Transit to Europe: On January 1, 2025, Ukraine ceased the transit of Russian …

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20Nov 2024

Ukraine Uses US ATACMS Missiles Against Russia

Why in the news? Ukraine deployed US-made ATACMS missiles for the first time, striking Russian military targets, marking a significant shift in US policy amid rising tensions in the Russia-Ukraine conflict. What are ATACMS Missiles? ATACMS (Army Tactical Missile System) is a US-made long-range missile system. Variants include M39A1 Block IA and M57, with a …

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