A Ukrainian defense minister has indicated that Ukraine may launch attacks on Russia using domestically produced ballistic missiles within the next few months. This development represents an escalation in Ukraine’s military capabilities, as these weapons allow for deep, fast, and harder-to-intercept strikes. The conflict between Russia and Ukraine, which began with Russia’s full-scale invasion in 2022, remains active with no ceasefire in place. Market pricing suggests this development could decrease the likelihood of Russian forces entering certain Ukrainian cities, such as Sloviansk, by the end of 2026. Market participants will closely monitor any official announcements regarding military strategies and international reactions.
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