Ukraine war updates: Moscow amassing 100,000 troops for possible summer offensive, Kyiv says; Ukraine's energy grid hit
Ukrainian army hits Russian oil refinery, global tensions rise.
- Bilawal Riaz
- 1 min read

The Ukrainian Army helicopters reportedly hit an oil refinery in Belgorod, Russia. Washington urged Kyiv to stop drone strikes on Russian energy infrastructure to prevent global oil price hikes. Europe agreed to use frozen Russian assets to aid Ukraine, while Germany faced cyberattacks from Russian hackers. Russia is amassing 100,000 troops for a potential summer offensive in Ukraine. The IMF approved an $880 million loan for Ukraine amidst ongoing conflict. Amidst reports of power outages in Ukraine, the Russian Central Bank held interest rates steady. The EU leaders reacted to Russia’s statements on Western intervention in Ukraine. Despite recent developments, Ukraine may reconsider its “sponsors of war” blacklist.