Ukraine

Russia

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Russia-Ukraine Conflict

A Russian ballistic missile struck a private training ground in the Kyiv region's Bucha district during a defense industry exhibition, killing at least 10 people and injuring over 100 others, Interfax-Ukraine reported on July 24.

Ukraine, Russia: Russia Strikes Defense Exhibition Near Kyiv in Daylight

United States

U.S. Secretary of State Marco Rubio and Russian Foreign Minister Sergey Lavrov held a 35-minute meeting on the sidelines of the Association of Southeast Asian Nations' ministerial gathering in Manila, Philippines, The Guardian reported on July 23.

U.S., Russia, Ukraine: Rubio-Lavrov Meeting in Manila Predictably Yields No Breakthrough

Economics

Ukrainian drones struck Wildberries warehouses in Krasnodar and Nevinnomyssk, injuring several workers and extending a series of attacks on Russia's largest online retailer, Reuters reported on July 22. 

Russia, Ukraine: Strikes on Russian Online Retailer Drag Russia's Consumer Economy Into the War

Ukrainian President Volodymyr Zelensky announced that Maj. Gen. Mykhailo Drapatyi would replace Lt. Gen. Oleksandr Syrskyi as commander-in-chief of the Armed Forces, Interfax-Ukraine reported on July 21.

Ukraine: Zelensky Replaces Syrskyi With Drapatyi, Offers Fedorov Technology Role

Ukrainian President Volodymyr Zelensky held a fresh round of meetings with top military commanders amid media reports that he was considering dismissing Lt. Gen. Oleksandr Syrskyi, the commander-in-chief of Ukraine's Armed Forces, in the face of protests demanding Syrskyi's removal and broader military reform, Interfax-Ukraine reported on July 20.

Ukraine: Zelensky Meets His Top Brass, Denying His Army Chief Is Out

Ukrainian President Volodymyr Zelensky appointed Maj. Gen. Ievhen Khmara, acting head of the Security Service of Ukraine, as interim defense minister after Mykhailo Fedorov's removal triggered rare wartime protests and the resignation of deputy air force commander Col. Pavlo Yelizarov, Interfax-Ukraine reported on July 16. 

Ukraine: Popular Defense Minister's Ouster Sparks Protests, Exposes Civilian-Military Rift

China

Europe

Ukraine and the European Union signed a deal to establish joint drone projects and expand production by combining Ukrainian battlefield expertise with European financing and industrial capacity, Reuters reported on July 15.

Ukraine, EU: Drone Deal Will Expand Production and Scale Combat-Tested Technology

Dozens of heads of state and government met in Paris, France, on July 13 for a "coalition of the willing" summit in support of Ukraine, where participants announced an anti-ballistic missile coalition, Reuters reported the same day.

Ukraine, Europe: Paris Summit Deepens Kyiv's Long-Term Defense Ties With Europe

Assessments

Peru

Iran

Israel

United Kingdom

A couple rides past Iranian-made Zolfaghar missiles displayed at Azadi Square in Tehran on July 24.

U.S.-Iran Relations

A look at what the coming week will bring -- and a list of recommended RANE articles from the week that was.

The Weekly Rundown: A Likely U.S. Escalation in Iran, Zelensky Travels to Washington

Ukrainian servicemen maintain a 2S22 Bohdana self-propelled howitzer near Pokrovsk in the Donetsk region on May 27 in Pokrovsk, Ukraine.

With grinding ground offensives yielding minimal gains at a severe human cost, Moscow is likely to escalate devastating aerial strikes designed to cripple critical infrastructure and force Kyiv into concessions.


What the Fall of Kostiantynivka Would Mean for the Ukraine War 

Snapshots

People gather for a second consecutive day of protests in central Kyiv, Ukraine, on July 17, 2026, following the controversial dismissal of Defense Minister Mykhailo Fedorov.

Zelensky's potentially imminent decision to dismiss the army chief under mounting public pressure would weaken his authority, while prolonged turmoil could further strain Ukraine's war effort.

Defense Minister's Ouster Plunges Ukraine Into Biggest Wartime Political Crisis Yet

Albania

Montenegro

Moldova

A man checks the flags of EU countries in 2004. 

Recent negotiations saw Montenegro and Albania pushed into advanced legislative alignment while Brussels expanded accession negotiations with Ukraine and Moldova.


The Progress, Prospects and Risks of EU Enlargement

Cars stand in line for gasoline at a Lukoil gas station on July 8, 2026, outside of Moscow, Russia.

Energy

Russia will retain the ability to produce and export most of its oil, but sustained Ukrainian strikes will erode its refining capacity, exacerbate domestic fuel shortages and raise the risk of deeper production cuts.

Ukrainian Strikes Deepen Russia's Fuel Refining Crisis

Lebanon

Indonesia

Myanmar

Philippines

Singapore

Thailand

France

ASEAN leaders hold hands for a group photo during the opening ceremony of the 48th ASEAN summit in Cebu, central Philippines on May 8, 2026. 

The Weekly Rundown: U.S.-Iran Tensions Remain High, ASEAN Foreign Ministers Meet With Myanmar

Turkey

Billboards are seen ahead of the upcoming NATO Summit in Ankara, Turkey, on June 26, 2026.

Recent U.S. military drawdowns in Germany and threatened reductions in Italy and Spain underscore the stakes of the summit on July 7-8.

Transatlantic Tensions Set To Dominate NATO Summit in Ankara

Media

Cuba

Forecast Webcast

Join our analysts for this webcast recording exploring key topics identified in RANE's 2026 Third-Quarter Geopolitical Forecast.

2026 Third-Quarter Forecast Webcast

Belarus

An officer of the State Border Guard Service of Ukraine stands on a destroyed bridge over the Dnipro River, which forms the state border between Ukraine and Belarus, on June 1, 2026.

The threat of Ukrainian retaliatory strikes and Belarus's limited offensive capabilities will likely keep Minsk from directly entering the conflict, but the country will remain a critical base for Russian military pressure against Ukraine and NATO.

Despite Russian Pressure, Belarus Remains Unlikely to Join the Ukraine War

A Ukrainian flag flies in Riga, Latvia, on May 18, 2026.

Even a sustainable peace settlement would leave Kyiv grappling with a $600 billion reconstruction bill, demanding high levels of foreign direct investment and stringent governance reforms.

Ukraine's Defense Will Continue To Strain Government Finances

Technicians work at the main blast furnace at the Zaporizhstal Iron and Steel Works on Feb. 12, 2024 in Zaporizhzhia, Ukraine.

Part two of this report examines how either a comprehensive peace agreement or a severe escalation of the war would affect Ukraine's investment climate.



Scenarios for the Future of Foreign Investment in Ukraine, Part 2

An employee assembles a long-range drone in a workshop of the Fire Point company, which manufactures FP-1 deep-strike drones and FP-2 strike drones, Jan. 29 in an undisclosed location in Ukraine.

This two-part report outlines how the trajectory of the war with Russia will act as the ultimate determinant of capital allocation and economic recovery in Ukraine.

Scenarios for the Future of Foreign Investment in Ukraine, Part 1

<p>Ukraine is the quintessential borderland state. The country borders three former Soviet states (Russia, Belarus and Moldova) and four countries in the European Union (Poland, Slovakia, Hungary and Romania). Ukraine also has a coastline along the Black Sea to the south. Ukraine sits on the Northern European Plain, the area that has historically served as an invasion superhighway going east and west. Beyond its strategic location, Ukraine&#39;s geography has only facilitated such invasions. The country consists of flat and fertile plains, with the exception of the Carpathian Mountain range that arches into the far west of the country. But even these mountains can be penetrated and have not posed a significant barrier to invasion. Given such lack of barriers, Ukraine&#39;s wide-open geography is inextricably linked to that of Russia. Ukraine&#39;s agricultural and industrial belts have traditionally been integrated with Russia&#39;s, and Ukraine serves as the primary transit state for Russian energy exports to Europe. Due to its location and abundance of agricultural and mineral resources, Ukraine has been contested between regional powers for centuries. This competition is currently playing out in an extreme form today, with a Western-backed government confronting a Russian-backed uprising in eastern Ukraine. Further complicating the situation is the fact that Ukraine has several population and political cores, including Lviv in the west, Kiev in the center and the eastern cities of Donetsk and Luhansk. These different cores make administering Ukraine difficult. The current crisis in Ukraine is therefore merely the latest iteration of the country&#39;s internal divisions and the long-standing East-West conflict over the country. Maintaining sovereignty and unity in the face of this competition is Ukraine&#39;s primary geographic challenge.</p>

SITUATION REPORTS

Ukraine, Russia: Russia Strikes Defense Exhibition Near Kyiv in Daylight

U.S., Russia, Ukraine: Rubio-Lavrov Meeting in Manila Predictably Yields No Breakthrough

Russia, Ukraine: Strikes on Russian Online Retailer Drag Russia's Consumer Economy Into the War

Ukraine: Zelensky Replaces Syrskyi With Drapatyi, Offers Fedorov Technology Role

Ukraine: Zelensky Meets His Top Brass, Denying His Army Chief Is Out

Ukraine: Popular Defense Minister's Ouster Sparks Protests, Exposes Civilian-Military Rift

Ukraine, EU: Drone Deal Will Expand Production and Scale Combat-Tested Technology

Ukraine, Europe: Paris Summit Deepens Kyiv's Long-Term Defense Ties With Europe

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