The beginning of 2026 in Ukraine was marked by major events both domestically and globally. Key among them were significant leadership changes at the highest state level. The President of Ukraine appointed Kirilo Budanov, head of military intelligence, as the new Chief of Staff. Reshuffles are also expected in the Ministry of Defense, Security Service, and Border Service. One prominent candidate for the post of Defense Minister is Mykhailo Fedorov, known for his innovative projects in defense. These changes are intended to strengthen Ukraine’s defense capacities and better adapt to ongoing war conditions.
Considerable media attention was also drawn by the US military operation in Venezuela. In the morning, American airstrikes on Caracas were reported, followed by the capture and removal of President Maduro by US special forces. The US justifies these actions as part of its fight over energy resources and for influence on the global oil market. Venezuela has been a traditional ally of Russia, making this operation geopolitically sensitive and impacting global energy security.
Experts believe that the developments in Venezuela may affect the price of oil: in the short term, prices may rise, but in the event of regime change, prices could drop sharply in the longer run. Such a drop would benefit Ukraine, as it would further weaken Russia’s economy and its ability to finance the war.
Regarding Ukraine’s internal situation, the government reshuffles are viewed as a timely response to the challenges of war and the need for military reform. The appointments are expected to strengthen the country’s defense, implement innovative strategies, and maintain political stability. Meanwhile, events in Venezuela highlight the growing instability worldwide and the lack of a stable international order, which complicates foreign policy decisions and future planning for Ukraine.
