Russia Launches Major Drone, Missile Attack on Ukraine
Analysis based on 6 articles · First reported Mar 24, 2026 · Last updated Mar 25, 2026
The intensified conflict between Russia and Ukraine, marked by significant drone and missile attacks and a potential ground offensive, will likely increase volatility in global energy markets due to supply concerns. Defense sector stocks may see increased interest, while the diversion of international attention to the 'Iran war' could impact aid and investment flows to Ukraine.
Russia launched a major drone and missile attack on civilian areas of Ukraine, killing six people and injuring at least 46. Russia fired almost 400 long-range drones and dozens of cruise and ballistic missiles, hitting cities like Ukraine — Kyiv, Ukraine — Dnipro, Ukraine — Lviv, and Ukraine — Ivano-Frankivsk. This comes as Russia's army steps up efforts to break through Ukrainian front-line defenses, signaling the start of an anticipated spring ground offensive. General Oleksandr Syrskyi, commander-in-chief of Ukraine's armed forces, reported fierce fighting and 619 Russian attacks in four days. The Institute for the Study of War confirmed Russia's spring-summer offensive is underway. Ukraine is offering its drone defense technology to the United States and Gulf partners in exchange for Patriot air defense missiles, as the 'Iran war' diverts international attention from Ukraine's plight. Russia's Russia — Ministry of Defence (Russia) also reported intercepting 55 Ukrainian drones over Russian regions and Russia — Crimea.
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