Geopolitical Horizons

Four Years On: Who’s Really Winning the Ukraine War?


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February 24th 2026, marks four years since Russia’s invasion of Ukraine — a war many expected to last days, not years. Instead, Europe has witnessed one of the most destructive conflicts since 1945. Entire cities have been flattened. Hundreds of thousands have been killed, millions displaced. What began with a failed dash on Kyiv has hardened into an 800-mile fortified front line defined by attrition, drones, artillery and endurance. The war has become a test of endurance between Russia and the West — with Ukraine caught in the middle and now it’s all about who can outlast whom.

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