Ukrainian lawmakers approved a record $97.2 billion defense budget for 2026 on June 10, allocating an additional $34.7 billion to bolster the country's military efforts against Russian aggression.
Key Takeaways
Ukrainian lawmakers approved a record $97.2 billion defense budget for 2026 on June 10. The bill passed with 242 votes, exceeding the required majority. This increased funding was made possible by a €90 billion EU loan backed by frozen Russian assets.
- Ukrainian forces struck key facilities at Mariupol port, limiting its use as a logistics hub
- Drones hit Sevastopol museum in Crimea; governor reports damage and fuel distribution issues
- Naftogaz restructures $1.4B Eurobonds to extend payment dates
- Ukraine recaptured 600+ sq km of territory this year
Source Claims Check
High Consensus| Claim | Status | Reason | |
|---|---|---|---|
| Defense Budget | Broad Agreement | $97.2B approved for Ukraine's 2026 defense | |
| Mariupol Port Strike | Broad Agreement | Ukraine struck Mariupol port, causing blackout | |
| Sevastopol Museum Hit | Broad Agreement | Drones hit Sevastopol museum; governor reports damage | |
| Naftogaz Eurobond Restructuring | Broad Agreement | $1.4B Eurobonds restructured, payments extended to 2032-2033 | |
| Territory Recaptured | Broad Agreement | >600 sq km of territory recaptured in 2026 |
The bill was passed by 242 lawmakers, exceeding the required majority of 226 votes. This increased funding became possible after a €90 billion European Union loan backed by frozen Russian assets was unlocked, according to Reuters. The overall defense spending is set to rise significantly from the previously forecast $64 billion.
Meanwhile, Ukrainian forces struck several key facilities at the Russian-occupied port of Mariupol on June 10. Ukraine's drone forces stated that the port was used by Russia for military logistics and the illegal export of Ukrainian grain, coal, and metal. The attack significantly limited the enemy's ability to use Mariupol as a logistics hub.
The same day, Ukrainian drones hit a historic museum in Sevastopol in Russia-annexed Crimea. Sevastopol's Russian-installed governor, Mikhail Razvozhayev, announced the damage on Telegram early on Wednesday. The strikes also disrupted fuel distribution plans in Sevastopol due to damaged supply routes.
Ukrainian state energy firm Naftogaz reached a preliminary agreement to restructure two Eurobond tranches worth €1.2 billion ($1.38 billion) due this year and in 2028, extending the payment dates to January 2032 and January 2033.
Ukrainian forces have recaptured more than 600 square kilometers of territory so far this year. Oleksandr Syrskyi, Ukraine's top military commander, made the statement on Monday. In May alone, Ukraine recaptured 100 square kilometers more of territory than it lost.
Despite these gains, Russian forces continue to advance in Ukraine's east and south, with daily battlefield clashes substantially increasing. The area around the embattled eastern city of Pokrovsk has been one of the most intense places of fighting.
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