Ukraine boosted electricity exports by 150% in June 2025 compared to the previous month, reaching over 237,000 megawatt-hours (MWh), according to consulting firm ExPro Electricity.

Current export volumes have returned to autumn 2022 levels, before Russia launched systematic attacks against Ukraine's energy infrastructure that caused massive blackouts across the country.

This marks Ukraine's return to exporting more electricity than it imports for the first time since October 2023, ExPro analysis reports.

Electricity cannot be stored in large volumes for long periods, so it can be exported during certain hours when there is surplus in Ukraine’s energy system, and imported during deficit hours.

Hungary imported the majority of Ukrainian exports, with shipments jumping from 34,000 to 122,000 MWh in a single month.

The recovery represents a dramatic turnaround from June 2024, when Ukraine had no exports at all and imported 858,000 MWh, four times more than in June 2025.

Russia continues to target Ukraine's energy infrastructure, with the latest strike hitting a critical energy facility in Kherson Oblast on June 27 that caused widespread blackouts across multiple communities.

Governor Oleksandr Prokudin warned residents to prepare for prolonged outages as power engineers work to restore electricity, saying "Russia decided to plunge Kherson Oblast into darkness."

In February 2025, Emergency energy power shutdowns were introduced in eight Ukrainian oblasts due to Russian attacks on the country's energy system.

‘With surgical precision’ — Ukrainian drones strike Russian plant 1,300 km away, SBU source says

The SBU said its long-range drones targeted the Kupol plant in Russia’s Udmurt Republic on the morning of July 1, resulting in at least two confirmed strikes and a fire at the site.

The Kyiv IndependentAnna Fratsyvir

Ukraine received approximately $500 million from the International Monetary Fund (IMF), marking the ninth tranche under the Extended Fund Facility program, the Finance Ministry announced in a press release on July 1.

The EFF Program has allocated $15.5 billion to Ukraine in budget support over a four-year period. The program has now delivered $10.6 billion to Ukraine since it began in 2023.

"In total, during the full-scale war, $13.3 billion in financial assistance from the Fund has been received by the state budget," Finance Minister Serhii Marchenko said in a press release.

According to the IMF, Ukraine successfully met all quantitative performance criteria through March 2025, including the prior action to submit a detailed reform plan for the State Customs Service (SCS).

The IMF extended deadlines for several Ukrainian reforms, including appointing a new customs chief.

First Deputy Managing Director of the IMF, Gita Gopinath, said that Ukraine must continue anti-corruption reforms, including appointing a new head of the Economic Security Bureau and strengthening money laundering rules.

The IMF kept its 2025 growth forecast for Ukraine at 2-3%, as improved electricity supply is balanced by reduced gas output and weaker agricultural exports.

The international body expects inflation to reach 9% by year-end and recommended that Ukraine's central bank maintain tight monetary policy, warning it should "stand ready for further tightening" if inflationary expectations worsen.

"The economy has remained resilient, but the war is weighing on the outlook, with growth tempered by labor market strains and damage to energy infrastructure," Gopinath said in a statement.

The next program review is scheduled for mid-September 2025, with an IMF mission expected to visit Ukraine in August to assess progress on reform commitments.

‘With surgical precision’ — Ukrainian drones strike Russian plant 1,300 km away, SBU source says

The SBU said its long-range drones targeted the Kupol plant in Russia’s Udmurt Republic on the morning of July 1, resulting in at least two confirmed strikes and a fire at the site.

The Kyiv IndependentAnna Fratsyvir