Energy
US Ambassador to NATO Matthew Whitaker stated that US President Donald Trump is putting equal pressure on Putin and Zelenskyy. Recent sanctions against Russian oil companies "Lukoil" and "Rosneft" were the result of Trump's meeting with the NATO Secretary General.
The National Bank of Ukraine set the official exchange rate of the dollar at 41. 89 hryvnias, and the euro at 48.55 hryvnias. In the cash market, the dollar remained unchanged, while in banks, the rates fluctuate.
Train traffic in Kirovohrad, Kharkiv, and Sumy regions was complicated on October 24 due to infrastructure damage and traffic restrictions. Combined transportation, backup traction, and bypass routes are being used, leading to delays of up to 2 hours for some services.
On the night of October 24, the Russian army attacked the Kirovohrad region, hitting critical infrastructure facilities in the Novoukrainskyi district. As a result of the shelling, 19 settlements were left without electricity; there were no casualties.
The European Union faces the risk of a severe supply crisis for critical materials. China has introduced new export restrictions on rare earth magnets and the raw materials for their production.
German authorities are trying to protect Rosneft's subsidiaries in Germany from new US sanctions. At the same time, both German branches of the company are absent from the US Treasury's fresh sanctions list.
The administration of US President Donald Trump has resumed oil and gas exploration and production in the Arctic National Wildlife Refuge in northern Alaska. This decision overturns previous restrictions by the Joe Biden administration and raises concerns among environmental organizations.
In Ukraine, the installation of solar power plants in medical facilities continues in preparation for winter and to strengthen energy autonomy. In Sambir, a 55.68 kW solar power plant was installed on the roof of the city hospital, ensuring the uninterrupted operation of critical infrastructure.
The European Union has confirmed financial support for Ukraine until 2027 and is increasing sanctions pressure on Russia. The use of frozen Russian assets to protect against aggression is also being considered.
DTEK has published electricity outage schedules for household consumers in Kyiv on October 24. The outages will occur in turns, covering different time intervals throughout the day.
Donald Trump reacted to Vladimir Putin's statement about Russia's alleged imperviousness to American sanctions. The US President ironically noted that he was glad to hear about the dictator's 'confidence,' but preferred to see how Russia would cope with the restrictions.
Kuwait states OPEC's readiness to increase oil production if demand rises, especially after new US sanctions against Russian energy companies. The price of Brent crude rose by more than 5%, reaching $66 per barrel.
On October 24, measures to limit electricity consumption will be applied in certain regions of Ukraine. Blackouts will occur from 07:00 to 23:00, affecting 1.5 to 2.5 queues of consumers.
The government has allocated UAH 8. 4 billion for gas imports for the heating season for the population. This decision is part of preparations for winter amid shelling, which will increase the reliability of gas and heat supply.
Vladimir Putin stated that the new US sanctions are serious, but will not affect the Russian economy. He called them an attempt to exert pressure and an unfriendly act that does not strengthen Russian-American relations.
President Zelenskyy met with Italian Prime Minister Giorgia Meloni to discuss energy protection and SAFE defense projects. They also raised the issue of using frozen Russian assets to support Ukraine.
Ukrainian President Volodymyr Zelenskyy announced the results of his meeting with Donald Trump. The main achievements were sanctions against Russian energy and the absence of a meeting in Hungary without Kyiv's participation.
Iran is experiencing its deepest socio-economic crisis in recent years, with projected GDP growth of only 0. 3% in 2025 and inflation exceeding 40%. This is due to a sharp reduction in oil exports caused by international sanctions and structural problems in the economy.
The US Treasury Department imposed sanctions against Rosneft and Lukoil, which led to a 3% increase in oil prices. Expert Oleh Pendzyn predicts price stabilization, despite a possible market deficit.
Chinese state-owned oil companies have suspended seaborne purchases of Russian oil following US sanctions against Rosneft and Lukoil. This comes as India also reduces its imports of Russian oil due to the same sanctions.
Data from the European AGSI platform recorded a halt in gas injection into Ukraine's underground storage facilities from October 21 to October 22, 2025.
Ukrainian President Zelenskyy held a series of meetings with European leaders during the EU Summit in Brussels.
China will focus on technological self-sufficiency and innovation in a new five-year plan, which will begin in 2026. The country's government has outlined key priorities, including the development of its own semiconductor supply chain and stimulating domestic demand.
On October 24, deteriorating weather conditions are expected in Ukraine: wind gusts will reach 15-20 m/s on the Right Bank, and up to 25 m/s in the Carpathians. The State Emergency Service has declared a Level I danger, which may complicate the work of utility services and traffic.
The National Bank of Ukraine expects an increase in the number of Ukrainians abroad by 200,000 people, some of whom are men aged 18-22. This will not create critical risks for the economy and will not significantly affect the labor market.
The National Bank of Ukraine revised its economic growth forecast for 2025, lowering it to 1. 9% from 2.1%. This is due to the energy deficit caused by Russian shelling and damage to the gas production system.
On October 23, 2025, Hungary marks the 69th anniversary of the suppression of the revolution by Soviet troops. The Commander of the Unmanned Systems Forces of the Armed Forces of Ukraine, Hero of Ukraine Robert Brovdi, addressed the people of his "historical homeland" with a speech about the past and present.
After a month-long outage, the IAEA confirmed the restoration of external power supply to the Zaporizhzhia Nuclear Power Plant. One of the lines remains under repair, and the agency continues to work on its restoration.
The National Bank improved its inflation forecast for the current year to 9. 2%, while lowering Ukraine's GDP forecast for 2025 to 1.9%. Consumer inflation slowed to 11.9% in September, but it will be constrained by business costs and rising administratively regulated prices.
The General Staff of the Armed Forces of Ukraine confirmed the damage to a strategic object of the Russian occupiers - the Ryazan oil refinery, as well as an enemy ammunition depot in the Belgorod region.