A Russian drone attack targeted an ammunition depot near Kyiv, causing a major explosion and killing 37 people, making it the deadliest attack of the year. This strike is part of Russia’s ongoing military actions against Ukraine, resulting in significant damage to surrounding residential areas. The incident highlights the persistence of long-range air attacks despite diplomatic efforts to negotiate a ceasefire. Markets now price the odds of Ukraine recapturing Crimea by the end of 2026 at only 5.5%.
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