re: Latest Updates: Russia-Ukraine Conflict

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Western, Ukrainian, and Russian sources continue to indicate that Russia is preparing for an imminent offensive, supporting ISW’s assessment that an offensive in the coming months is the most likely course of action (MLCOA).[1] NATO Secretary Jens Stoltenberg stated on January 30 that there are no indications that Russia is preparing to negotiate for peace and that all indicators point to the opposite.[2] Stoltenberg noted that Russia may mobilize upwards of 200,000 personnel and is continuing to acquire weapons and ammunition through increased domestic production and partnerships with authoritarian states such as Iran and North Korea.[3] Stoltenberg emphasized that Russian President Vladimir Putin retains his maximalist goals in Ukraine.

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Russia and Iran continued efforts to deepen economic ties. NOTE: This item appeared in the Critical Threats Project (CTP)’s January 30 Iran Crisis Update. Iranian state media reported that Iran and Russia established direct financial communication channels between Iranian banks and more than 800 Russian banks on January 29.[9] Iranian Central Bank Deputy Governor Mohsen Karami announced that Iranian and Russian banks have signed a Memorandum of Understanding (MoU) on financial messaging, effective immediately. Karami added that Iranian banks abroad were also included in the MoU and would be able to exchange standard banking messages with Russian banks.[10] Iranian officials and state-affiliated media outlets framed the MoU as a means to circumvent Western sanctions on Iran and Russia and compared the messaging system to the Society for Worldwide Interbank Financial Telecommunication (SWIFT), which serves as the world’s largest financial messaging system.[11] ISW has previously reported on the deepening of economic and military ties between Tehran and Moscow.[12]

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Key Takeaways

Western, Ukrainian, and Russian sources continue to indicate that Russia is preparing for an imminent offensive, supporting ISW’s assessment that an offensive in the coming months is the most likely course of action (MLCOA).

Iranian state media reported that Iran and Russia established direct financial communication channels between Iranian banks and more than 800 Russian banks on January 29.

Russian forces continued ground attacks to regain lost positions west of Kreminna as Ukrainian forces conducted counteroffensive operations northwest of Svatove.

Ukrainian forces continued to strike Russian force concentrations in rear areas in Luhansk Oblast.

Russian forces continued to conduct ground attacks across the Donetsk Oblast front line.

Russian forces continued to make marginal territorial gains near Bakhmut.

Russian forces did not conduct any confirmed ground attacks in Zaporizhia Oblast.

The Russian Ministry of Defense (MoD) continued measures to professionalize the Russian military as it faces continued backlash against these measures.

Russian forces and occupation authorities continue to target Crimean Tatars in an effort to associate anti-Russia sentiment with extremist or terrorist activity.

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