Ukraine Retaliates Selectively

Kyiv treats Marat Mambetov's death as part of Russia's broader campaign against Ukrainian air crews and missile-defense infrastructure. Ukraine is most likely to answer with additional drone or missile strikes on Russian missile plants, depots, and launch infrastructure while avoiding actions that would force NATO into direct involvement.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.