Oil prices rose due to investor concerns about escalating tensions between the US and Iran. Brent futures rose to $69.67, and WTI to $64.92.
The National Bank of Ukraine explained the slowdown in inflation in January by a decrease in labor market imbalances and increased competition. Further inflation slowdown is predicted, but at a slower pace due to destruction in the energy sector.
On the night of February 12, Kyiv was attacked by ballistic missiles, explosions are heard. Authorities urged residents to stay in shelters.
At the meeting of the Staff for the elimination of the consequences of the emergency situation in the energy sector, the strengthening of Kyiv's air defense, particularly energy facilities, was discussed. Other critical infrastructure facilities requiring protection have been identified and prioritized.
On February 12, scheduled power outages and capacity restrictions will be applied in all regions of Ukraine. The reason is the consequences of Russian attacks on energy facilities.
Denys Shmyhal met with ambassadors of G7 and EU countries to discuss energy recovery, preparation for the heating season, and the need for generators. He announced the creation of the Ukraine Energy Support Coordination Group.
President Zelenskyy's announcement of election and referendum plans on February 24 is unrealistic, as it is impossible without a peace agreement with Russia. Ukraine needs security guarantees and a ceasefire to hold elections.
NATO Secretary General Mark Rutte stated that Ukraine received almost all military aid from the Alliance. Partner support is critically important for Ukraine.
President Zelenskyy accepted the US proposal to hold the next round of negotiations to end the war, where the issue of territory will be discussed. Ukraine may approve a peace proposal through a parliamentary vote or a national referendum.
The Kyiv City State Administration urged residents of the capital to check and replenish their supplies of drinking and technical water due to possible enemy shelling. The recommended norm per person is: 3 liters of drinking water and 10–12 liters of technical water.
On the night of February 11, the Ukrainian Defense Forces struck an oil refinery in Volgograd, as well as fuel and lubricants warehouses, MTZ, air defense systems, and enemy concentration areas in the temporarily occupied territories. The General Staff of the Armed Forces of Ukraine reported a fire at the refinery and is clarifying the extent of the damage.
The Swiss Federal Council has approved an aid package for Ukraine worth up to 32 million Swiss francs to overcome the energy crisis. The aid includes 18 gas power generation modules and 80 diesel generators.
The President held a conference call regarding ongoing Russian attacks. Instructions were given to strengthen infrastructure protection and ensure the heat package program.
The Verkhovna Rada adopted a resolution calling on the International Olympic Committee to allow Ukrainian athletes to use symbols honoring those killed by Russian aggression. This came after Ukrainian skeleton racer Vladyslav Heraskevych was banned from competing in a helmet featuring portraits of deceased athletes.
The Arctic LNG 2 project will receive two domestically produced icebreaking gas carriers in 2026. This will expand liquefied natural gas export capabilities, despite international restrictions.
In Ukraine, the procedure for physical identification of pensioners has been reinstated, which has caused discussions due to the suspension of payments to hundreds of thousands of people. This procedure, which was in effect before the COVID-19 pandemic, aims to prevent fraud and double payments, especially for those in occupied territories or abroad.
The Verkhovna Rada adopted in principle draft law No. 13715 on the support and development of innovative activities, aimed at the development of innovative ecosystems. The document is intended to update the legal framework for supporting innovation, form a modern institutional model, and ensure cooperation between the state, business, science, and education.
After shelling, consumers in Zaporizhzhia, Kharkiv, and Dnipropetrovsk regions are without power. A difficult situation with energy supply is observed in Kyiv and Odesa regions.
Toyota introduces the 2027 Highlander – an all-electric three-row crossover with updated design, interior, and technology. Two versions are available, XLE and Limited, with different battery and drivetrain options, as well as V2L technology.
Captain of the container ship NewNew Polar Bear, Wang Wenguo, pleaded not guilty in the case of damage to underwater infrastructure between Finland and Estonia. A Hong Kong court is considering charges of criminal damage caused by the ship's anchor.
Global oil prices are rising due to the escalating geopolitical situation around Iran, which negates the impact of increased US inventories. The US is considering seizing tankers with Iranian oil and deploying an aircraft carrier group.
On the night of February 11, Russia's Volgograd region was attacked by drones, causing a fire at an industrial enterprise and damage to the residential sector. The governor confirmed the raid on infrastructure facilities, noting no casualties.
Austrian Chancellor Christian Stocker stated the need to make energy costs the top priority of the EU leaders' summit. High energy tariffs threaten the competitiveness of the industrial sector.
In Tirana, anti-government protests escalated into clashes with police, injuring dozens of people. The cause of the discontent was a corruption scandal involving the Deputy Prime Minister.
The Russian army attacked an infrastructure facility in Zaporizhzhia with a drone, causing a large-scale fire. More than 11,000 subscribers in two districts of the city were left without electricity.
The United States and Azerbaijan signed a strategic partnership agreement in Baku, providing for economic and security cooperation. The document paves the way for expanding American influence in the South Caucasus and strengthening regional stability.
In January 2026, inflation in Ukraine was 0. 7% compared to December 2025. Prices for food and non-alcoholic beverages increased by 0.8%, with vegetables becoming the most expensive.
The situation in Kyiv is difficult due to low temperatures, but the blackout schedules are being maintained. Ukraine is strengthening cooperation with partners to obtain equipment and spare parts.
President of Ukraine Volodymyr Zelenskyy met with Prime Minister of Moldova Alexandru Munteanu. They discussed the consequences of Russian shelling of energy infrastructure and the common path to EU membership.
On February 11, scheduled power outages and capacity restrictions will be applied in all regions of Ukraine. The reason is the consequences of Russian attacks on energy facilities.
