Russia-Ukraine updates: 2 US veterans who joined Ukrainian forces missing

The Americans, Andy Tai Ngoc Huynh and Alexander Drueke, are both from Alabama.

Russian President Vladimir Putin's "special military operation" into neighboring Ukraine began on Feb. 24, with Russian forces invading from Belarus, to the north, and Russia, to the east. Ukrainian troops have offered "stiff resistance," according to U.S. officials.

The Russian military has since launched a full-scale ground offensive in eastern Ukraine's disputed Donbas region, capturing the strategic port city of Mariupol and securing a coastal corridor to the Moscow-annexed Crimean Peninsula.

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Two Men at War
Two Men at War
A look at the two leaders at the center of the war in Ukraine and how they both rose to power, the difference in their leadership and what led to this moment in history.
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Blinken says US could reopen Kyiv embassy in 'next few weeks'

While U.S. diplomats began returning to Lviv for day trips on Tuesday, Secretary of State Antony Blinken said Wednesday that he hopes to move toward reopening the U.S Embassy in Kyiv in the "next few weeks."

Blinken appeared on Capitol Hill Wednesday for his second of three days of testimony about the Biden administration's budget request.

Blinken said the administration will put forward a request for supplemental funding in the "next couple days" after President Joe Biden exhausted the funding in his presidential drawdown authority to provide weapons and other military aid immediately to Ukraine.

That "robust" assistance request will include funding for aid to Ukraine and other U.S. partners and allies and for a functioning U.S. Embassy in Kyiv, he said.

-ABC News' Conor Finnegan


Microsoft releases detailed report of Russian cyberattacks on Ukraine

Microsoft has released a detailed report of what it says are "destructive" Russian cyberattacks on Ukraine, which the company says seem "strongly correlated and sometimes directly timed with its kinetic military operations."

"For example, a Russian actor launched cyberattacks against a major broadcasting company on March 1st, the same day the Russian military announced its intention to destroy Ukrainian 'disinformation' targets and directed a missile strike against a TV tower in Kyiv," Microsoft said. "On March 13th, during the third week of the invasion, a separate Russian actor stole data from a nuclear safety organization weeks after Russian military units began capturing nuclear power plants sparking concerns about radiation exposure and catastrophic accidents. “

Microsoft said it has observed nearly 40 attacks "targeting hundreds of systems."

The company said "32% of destructive attacks directly targeted Ukrainian government organizations" while "more than 40% of destructive attacks were aimed at organizations in critical infrastructure sectors that could have negative second-order effects on the Ukrainian government, military, economy and people."

-ABC News' Cindy Smith


Biden to visit facility that manufactures Javelin anti-tank missiles

President Joe Biden will visit a Lockheed Martin facility in Alabama on Tuesday where Javelin anti-tank missiles are being manufactured for Ukrainian troops, the White House said.

The U.S. has committed over 5,500 Javelin anti-armor systems for Ukrainians, according to the Pentagon.

-ABC News' Justin Gomez


War in Ukraine dealt a 'major shock' to commodities markets: World Bank

The World Bank issued a report on Tuesday that said the war in Ukraine dealt a major shock to commodity markets and altered global patterns of trade, production and consumption in ways that will keep prices at historically high levels through the end of 2024.

"Overall, this amounts to the largest commodity shock we’ve experienced since the 1970s," Indermit Gill, the World Bank’s vice president for equitable growth, finance and institutions, said in a statement.

The report said energy prices are expected to rise more than 50% in 2022 before easing in 2023 and 2024.

Wheat prices are forecast to increase more than 40%, putting pressure on developing economies that rely on wheat imports, especially from Russia and Ukraine, according to the World Bank.

Metal prices are projected to increase by 16% in 2022 before easing in 2023, according to the report.

Crude oil prices are expected to average $100 a barrel in 2022, its highest level since 2013 and an increase of more than 40% compared to 2021, the report said. Oil prices are expected to moderate to $92 in 2023, which is above the five-year average of $60 a barrel, the World Bank said.

-ABC News' Christine Theodorou


White House national security adviser hints at more sanctions against Russia

White House national security advisor Jake Sullivan hinted Thursday of more sanctions coming against Russia in the "next week or two" aimed at targeting ways Moscow is evading sanctions already imposed.

“Where our focus will be over the course of the coming days is on evasion,” Sullivan said Thursday at the Economic Club of Washington. “As Russia tries to adjust to the fact that it’s under this massive economic pressure, what steps do they take to try to evade our sanctions and how do we crack down on that? And I think we'll have some announcements in the next week or two that identify targets that are trying to facilitate that evasion both inside Russia and beyond."

When Sullivan was asked whether sanctions will automatically be lifted if a negotiated peace deal between Russia and Ukraine is worked out, he appeared cautious with his words, saying, “a lot of that depends on what the shape and scope” of the agreement is.

“A lot of it depends on what the Ukrainians, in consultation with us and the Europeans come to agree to," Sullivan said. "You know, we're not going to do a deal over the head of the Ukrainians where we give a bunch of sanctions relief to Russia. But if some measure of sanctions relief were built in to some credible diplomatic solution led by the Ukrainians, that's something that we would happily discuss."

But Sullivan said Russian oligarchs shouldn't expect to ever get back their yachts and other assets seized under sanctions that have been imposed, saying the ultimate goal is "not to give them back” once the war is over.

“The president is actively looking at how we can deal with the fact that as we seize these assets, our goal is not to give them back. Our goal is to put them to a better use than that," Sullivan said. "But I'll be careful in what I say today because there's an ongoing kind of policy process around how we end up dealing with that question. But, rest assured, that the goal is not just to sit on them for a while."

-ABC News' Justin Gomez