Russia attacked energy infrastructure overnight, cutting off power to consumers in 5 regions. The situation in Kyiv and the region remains difficult, and network restrictions are in effect in Odesa region.
First Deputy Prime Minister Denys Shmyhal instructed Ukrenergo to increase electricity import capabilities and implement projects to improve its transmission. This should reduce the duration of outages in the most difficult regions.
Oil prices rose after Iran suppressed protests, which reduced the likelihood of US intervention. Brent rose by 0.09%, WTI by 0.15%.
The National Bank of Ukraine set the official exchange rate for the dollar at 43. 41 hryvnias, and the euro at 50.44 hryvnias. The dollar exchange rate increased by 2 kopecks, while the euro remained unchanged.
The European Union is considering imposing tariffs on American goods or restricting US companies' access to the market. This is a response to Trump's threats to countries that oppose the acquisition of Greenland.
Yasno CEO Serhiy Kovalenko announced that Ukraine is transitioning to a 4. 5-5 queue power outage regime, which could mean up to 16 hours without electricity. Kyiv is operating under emergency blackouts, while Dnipro and the region are following a new schedule.
The EU is preparing to suspend the ratification of a new trade agreement with the US in response to Donald Trump's statement about imposing tariffs on goods from European countries that supported Greenland's sovereignty. The EU is considering using the Anti-Coercion Instrument, which would allow for the introduction of mirror tariffs.
Criminal proceedings have been initiated in the Lviv region regarding the smuggling of elite electronics worth over UAH 35 million. The goods were discovered in a hidden compartment of a Renault Trafic car during customs control.
Ukraine has imported 5. 7 billion cubic meters of gas to compensate for production losses due to Russian attacks. Parameters for further imports for the heating season have been determined.
Russia launched another, the sixth this week, attack on Naftogaz Group's gas production facilities. The attacks negatively affect gas production volumes, forcing an increase in imports.
In Ukraine, greenhouse tomatoes have risen in price to UAH 90-110/kg due to reduced supplies from Turkey. This is 12% more expensive than last week, but further growth is constrained by weak demand.
US Commerce Secretary Howard Lutnick stated that Taiwan and South Korea would face 100% tariffs if they do not invest in semiconductor manufacturing in the US. This applies to Samsung Electronics, SK Hynix, and TSMC.
The global gold market is correcting after reaching historical highs, with prices falling by more than 1%. Investors are taking profits, and geopolitical tensions in the Middle East have eased.
Venezuela signed its first-ever liquefied petroleum gas export contract on January 16, 2026. This is part of a strategy to transform the country into one open to investment after the removal of Nicolás Maduro.
Caspian CPC Blend oil prices plummeted due to drone attacks on tankers in the Black Sea. ExxonMobil increased the discount on its products, but no buyers were found.
Delegations from Ukraine and the United States will meet in Miami to discuss agreements on security guarantees and $800 billion for Ukraine's economic prosperity.
The NEURC has set the maximum electricity price cap on the day-ahead market and the intraday market at UAH 15,000/MWh. The changes will be in effect from January 18 to March 31, 2025.
The new Minister of Energy, Denys Shmyhal, presented anti-crisis measures to overcome the consequences of blackouts. Experts assess these decisions as quick managerial gestures that do not solve systemic problems.
President Zelenskyy met with Oleksandr Kubrakov to discuss the emergency energy situation in Ukrainian cities and communities. They also discussed cooperation with partners to strengthen Ukraine's resilience and infrastructure development.
On January 17, hourly power outage schedules and power restrictions for industry will be in effect throughout Ukraine. The reason is the consequences of Russian attacks on energy facilities.
Greek farmers are pleading for sheep pox vaccines, which Brussels offers for free, but the Athens government refuses, preferring to cull infected animals. This decision threatens feta cheese production, as over 470,000 sheep and goats have already been culled.
The Bank of Russia plans to significantly change banks' reporting on cross-border transfers of individuals. This will expand financial oversight of citizens, including digital services and cryptocurrencies.
After the shelling on January 10, 51. 5 thousand homes on the left bank of the Dnipro have electricity again. Energy workers ask to use electricity sparingly due to temporary power supply schemes.
President Volodymyr Zelenskyy announced that Ukraine's electricity deficit is 7 GW, or almost 40%. He emphasized the daily restoration of the energy system and increased imports.
Almost all substations in Ukraine are equipped with second-level protection, which can withstand up to 20 hits from "Shaheds" and missiles. The cost of such protection is less than the price of one Patriot missile.
First Deputy Prime Minister Denys Shmyhal announced the planned energy "Ramstein" with the participation of Svyrydenko. According to him, partners have become more active.
The Ministry of Economy reported a 2. 2% growth in Ukraine's economy in 2025. This occurred despite attacks on energy infrastructure and high security risks.
Due to new Russian attacks on energy infrastructure, consumers in Zaporizhzhia and Kharkiv regions were de-energized this morning. Network restrictions are applied in Kyiv, Kyiv, and Odesa regions.
Ukraine is supplied with fuel for more than 20 days, imports continue. Gas reserves are also under control, there are no restrictions.
On January 16, power outages are in effect in Ukraine, and emergency power outage schedules have been applied in Sumy and Poltava regions due to damage to the energy system. This affects 1-5 queues of consumers.
