Ukrainian President Volodymyr Zelenskyy reported that Russia launched an overnight attack involving 35 missiles and 185 drones targeting various regions across Ukraine. This attack represents a significant escalation in the ongoing conflict and has further strained Ukraine’s air defenses, which are heavily reliant on Western support. The scale of the assault reflects Russia’s continued reliance on standoff weaponry. Market activity indicates a moderate increase in perceived risk of a NATO-Russia military clash by the end of 2026.
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