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Russia’s Oil Export Arteries Under Strain as Ukrainian Strikes Knock Out 40% of Export Capacity
Russia’s vast oil export network—long the financial backbone of the Kremlin—has suffered one of the most significant disruptions in its modern history. According to Reuters calculations, at least 40% of the country’s oil export capacity is currently offline following a…
Ukraine strike on Ust-Luga exposes pressure point in Russia’s Baltic oil exports
A Ukrainian drone strike on the Russian Baltic port of Ust-Luga has developed into one of the most consequential attacks yet on Moscow’s energy export infrastructure, with traders, refinery sources and transport operators now assessing the extent of the disruption…
NATO says European allies and Canada sharply increased defence spending in 2025
NATO’s latest annual report says European allies and Canada increased defence spending by 20 per cent in real terms in 2025, with all 32 allies now at or above the alliance’s long-standing 2 per cent benchmark. European allies and Canada…
Europe’s Defence Industry Accelerates as MBDA Bets €1 Billion on Future Demand
Europe’s defence industry is undergoing a profound shift, one that reflects not only the changing nature of modern conflict but also the urgency now gripping policymakers across the continent. At the centre of this transformation is missile manufacturer MBDA, whose…
Russia moves to rearm Iran with drones as alliance deepens
Russia is close to completing a phased shipment of drones, medicines and food to Iran, according to a Financial Times report citing western intelligence assessments and officials. The deliveries, said to have begun in early March, would mark a further…
Russian drone strikes chimney of Estonian power station after crossing from Russian airspace
A drone that entered Estonian airspace from Russia struck the chimney of the Auvere power station in Ida-Viru County in the early hours of Wednesday, in an incident now under investigation by Estonia’s security and prosecutorial authorities. Officials said no…
Latvian defence minister cuts short Kyiv visit after second drone incident on NATO’s eastern flank
Latvian Defence Minister Andris Spruds cut short an official visit to Ukraine after a drone entered Latvian airspace from Russia, in a second cross-border unmanned aircraft incident affecting the Baltic region in as many days. The development added fresh urgency…
UK and EU back on course for SAFE defence fund deal
European Council President António Costa says Britain and the EU are moving towards an agreement on UK participation in the bloc’s SAFE defence-financing instrument, reopening a file that had stalled and giving new weight to the wider reset in defence…
Europe’s Space Ambitions Risk Splintering as Germany Pushes Ahead Alone
At a time when Europe is under growing pressure to take responsibility for its own defence, a new German initiative is exposing familiar fault lines at the heart of the European Union. Berlin’s plan to develop a €10 billion military…
Zaluzhnyi says Ukraine has already shown how a wider Iran war could unfold
Valerii Zaluzhnyi, Ukraine’s ambassador to the United Kingdom and former commander-in-chief of the Armed Forces of Ukraine, argues that the war against Russia has rewritten the logic of modern conflict, and that those lessons now apply directly to the confrontation…