Ukraine to develop ballistic missiles, plans Russia attack in months

Ukrainian Defense Minister has announced that Ukraine is advancing the development of its own ballistic missiles, with intentions to launch an attack on Russia within three to six months. This development marks a significant shift in Ukraine’s military capabilities, as it represents a move away from reliance on drones and cruise missiles for long-range attacks. The escalation comes amid ongoing tensions in the Russia-Ukraine conflict, which began with Russia’s invasion in February 2022. The introduction of ballistic missiles, known for their difficulty to intercept, could heighten military tensions in the region. Key Takeaways The announcement suggests an increase in the probability of a NATO and Russia military clash, as Ukraine’s missile development could be seen as a significant escalation. Market pricing indicates a modest increase in perceived risk for a NATO-Russia clash by December 31, 2026, with current odds at 23% YES. The development of ballistic missiles by Ukraine is consistent with scenarios that could lead to increased military tensions between NATO and Russia. What to Watch Observers should monitor any responses from NATO and Russia, particularly any diplomatic or mi...