Ukraine may have enough financial resources to sustain military operations only until June, Bloomberg reports.

According to the agency, Kiev’s position has been weakened by a series of setbacks, including Hungary’s veto of a €90 billion EU loan and disputes over the latest IMF aid package. These factors have significantly reduced Ukraine’s room for maneuver. Sources familiar with the situation say current funds are sufficient to cover expenses only in the coming months.

The report notes that Western support has been critical for Ukraine. However, the situation is being complicated by external factors. In particular, Russia is benefiting from rising global oil prices driven by the conflict involving Iran.

It is also highlighted that the US and Israeli military campaign against Iran is diverting resources and attention in Washington, including from President Donald Trump, pushing Ukraine-related diplomacy into the background.

The escalation, which began on February 28, has led to strikes on Israeli territory and US bases in the region, as well as a near-total disruption of shipping through the Strait of Hormuz — a key route for global oil and LNG supplies. This has triggered a sharp surge in energy prices.