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European Oil Markets
30JUN

160 prisoners freed on each side

1 min read
17:30UTC

Russia and Ukraine each freed 160 soldiers on 26 June in an Emirati-brokered exchange; the freed Russians had been held in Belarus.

EconomicDeveloping
Key takeaway

The humanitarian swap track keeps working while ceasefire talks stall, and the freed Russians came from Belarus.

Russia and Ukraine each freed 160 soldiers on 26 June in an exchange brokered by the United Arab Emirates, the Gulf state that has mediated several swaps in the war 1. The freed soldiers had been held since 2022, and the released Russians had been held on Belarusian soil 2.

The exchange continues a track that has kept moving even as ceasefire talks stalled. Istanbul Round 2 on 2 June agreed a 1,200-for-1,200 swap , and Ukraine completed the war's largest single exchange, a 1,000-prisoner deal, on 24 May . The Emirati channel has been the constant facilitator across the conflict, producing agreed lists faster than the Russia-Ukraine bilateral track alone. That the released Russians were held in Belarus threads this swap back into the week's Belarus story.

Deep Analysis

In plain English

Russia and Ukraine swapped prisoners of war again, 160 soldiers each, on 26 June. The exchange was arranged with help from the United Arab Emirates, which has repeatedly stepped in to broker these swaps throughout the war. The freed Russian soldiers had been held in Belarus rather than Ukraine, a detail that shows how tangled up Belarus has become in the war despite formally staying out of the fighting.

What could happen next?
  • Meaning

    That freed Russian soldiers were held in Belarus, not Ukraine, underlines how deeply Minsk's territory and personnel are entangled in the war despite formal non-belligerence.

First Reported In

Update #22 · Belarus relays go dark on Kyiv's deadline

US Treasury OFAC· 2 Jul 2026
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